European Union to impose provisional antidumping duties on Chinese aluminium extrusions
The European Commission is likely to impose provisional antidumping duties of up to 48% on aluminium extrusions from China.
The Commission opened an investigation in February 2020. The European Commission now found that extrusions have been sold in the European Union “at prices so low that they can be considered dumping and unfair competition to domestic producers.”
Profiles, rods, bars, extruded tubes and pipes are covered by the duties
“For Hydro’s around 40 extrusion plants in Europe, the antidumping action is a move that will mitigate unfair competition. For our customers, this will contribute to making sure Europe continues to have a viable extrusion industry which will still have a high level of competition due to its many competitors,” said Egil Hogna, Head of Extruded Solutions in Hydro.
The provisional duties are expected to be imposed by 15 October. The investigation will continue and is expected to be finalized in April 2021. At that point, the duties may be confirmed as definitive, modified or removed. If confirmed, they will normally be in place for five years.
Note to readers: AlCircle brings two-day event for aluminium industry players. We look forward to meeting you virtually at “Global Aluminium Expo 2020” on October 6-7, 2020. For registration, visit www.alcircleevents.com
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