European Union imposes up to 31.2% anti-dumping duties on Chinese aluminium extrusions

AL Circle

The European Union has reportedly imposed duties on Chinese aluminium products after determining the materials being sold at unfairly low prices. The news came on Tuesday, March 30, after the EU official journal announced that duties to be imposed on Chinese aluminium extrusions in the form of bars, rods, profiles or tubes by the European Commission would range between 21.2 per cent and 31.2 per cent.

European Union imposes up to 31.2% anti-dumping duties on Chinese aluminium extrusions

{alcircleadd}

These tariffs are lower than the provisional duties of 30.4 per cent to 48 per cent levied midway through the anti-dumping investigation, which opened in February 2020 following a complaint from industry body European Aluminium. Members of European Aluminium include Norsk Hydro, Rio Tinto, and Alcoa.

According to the EU report, Guangdong Haomei NewMaterials Co Ltd and Guangdong King Metal LightAlloy Technology Co Ltd would see duties of 21.2 per cent, while Press Metal International Ltd would face 25 per cent duties.

Other cooperating companies would see charges of 22.1 per cent, while materials from other companies would see 32.1 per cent tariffs.

Previously, China’s metals association called the complaint groundless.

AlCircle Expo 2021

A little more than a week ago, the European Commission also communicated its intention to impose provisional anti-dumping duties on certain aluminium flat-rolled products originating in China. The duty rates are expected to come into effect from April 15, 2021, varying from 19.6 per cent to 47.3 per cent, as a result of an anti-dumping investigation initiated on August 14, 2020.

Edited By:


This news is also available on our App 'AlCircle News' Android | iOS


Alternate Text
EPIQ Machinery

A world class equipment designer specialized in developing innovative & effective solutions for heavy equipment, vehicles, and material handling systems

Alternate Text
RIA Cast House Engineering

Leading supplier of rail mounted precision Furnace Charging Machines and Furnace Skimming Machines

Alternate Text
Altek

Leading manufacturer of value-added equipment for the aluminum casthouse

Alternate Text
CETAG

A supplier of proven systems and an expert adviser in aluminum casthouse technology, offering its services worldwide to the aluminum industry.

Alternate Text
IBAAS​-IIM 2024

September 25-27, 2024 | BITS Pilani K K Birla Goa Campus, Goa, INDIA

Related
Business Leads
We have a buying requirement of aluminium notch bar. Destin...
20-May-2024 Buying request

We have a buying requirement of 500-1000 MT / month of alumi...
20-May-2024 Buying request

Interested to buy aluminium extrusion profiles. Destination...
17-May-2024 Buying request

Read this news article and much
more on the AL News app
Get real-time news and business
lead alerts on your phone
SUBSCRIBE NOW
Market

Market

Project

Project

Technology

Technology

Leads

Leads