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16 MARCH 2018 AL CIRCLE

Department of Commerce to issue AD/CVD on Chinese aluminium foil imports

EDITED BY : HEENA IQBAL 2MINS READ

The U.S. International Trade Commission (ITC) announced that it had made final finding that imports of aluminium foil from China harm domestic industry. As a result, the U.S. Department of Commerce will issue unfair trade orders on aluminium foil imports from China imposing antidumping duties ranging from 48.64 to 106.09 percent and countervailing duties ranging from 17.14 to 80.97 percent. 

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Image Source: Aluminum Association 

Heidi Brock, president & CEO of the Aluminium Association said: “Today’s decision is a victory not only for U.S. foil producers but also for the rules-based trading system. When companies have confidence that our trade rules are being enforced they have the confidence to invest and grow.”

 “The ITC’s determination will move the foil industry toward a level playing field, allowing domestic producers of aluminium foil to pursue investments in their operations – investments that will further strengthen their competitiveness.”

In March of 2017, The Aluminium Association’s Trade Enforcement Working Group filed petitions requesting the initiation of anti-dumping and countervailing duty (AD/CVD) investigations against the import of aluminium foil products from China.

“This determination is an important step in restoring fair competition in the U.S. marketplace for domestic producers that have suffered extensive injury for many years from imports of unfairly-traded aluminium foil from China,” commented John Herrmann, of Kelley Drye & Warren LLP, counsel to the domestic industry.

The aluminium foil that is subject to investigation includes all imports from China of aluminium foil that is 0.2 mm or less in thickness (less than 0.0079 inches) in reels weighing more than 25 pounds and that is not backed.


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EDITED BY : HEENA IQBAL 2MINS READ

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