GCC imposes anti-dumping duties on Chinese aluminium imports to limit $1 billion foreign goods
More anti-dumping duties are on the way to Chinese aluminium products. After India, now the Gulf Cooperation Council (GCC) states are imposing duties on China for flooding their countries with aluminium products at unfair prices. The news came on Thursday, March 20, after the GCC Ministerial Committee, composed of industry ministers, announced the move officially.
This decision follows the recommendation from the GCC Permanent Committee for Anti-Injurious Practices in International Trade to impose import tariffs on aluminium alloy products originating from China.
The duties being levied on Chinese aluminium products include flat or grained rectangular (including square) aluminium alloy sheets, plates, coils, strips, coated or coloured, with a 2-8 mm thickness.
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