European Union plans to impose antidumping duties on Chinese aluminium converter foil
The European Commission has announced its plans to impose antidumping duties on aluminium converter foil imported from China. The duty will range from 16% to29.1%. The antidumping duties will be provisional following the publication of the decision in the EU Official Journal.
“The European Commission’s intention to impose antidumping duties on Chinese aluminium converter foil will help restore fair conditions for competition in the EU market for the benefit of both producers and consumers,” said Einar Glomnes, Executive Vice President of Hydro Rolling. “We will keep cooperating with the EU authorities as their investigation continues.”
The investigation is likely to be ended by the end of 2021.
The antidumping case started last year following an antidumping complaint by six European producers of converter foil. The Commission acknowledges that product had been sold in EU market at a price so low that it could be considered dumping and unfair competition towards domestic producers.
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