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AL CIRCLE

US Aluminium Association praises the discovery of the Commerce Department of dumping some aluminium foils from 5 different countries

EDITED BY : 2MINS READ

The US Aluminium Association, the aluminium sector trade group praised the United States Department of Commerce for their final ruling that some importers from Russia as well as four other different countries are dumping some aluminium foils on the American market.

US Aluminium Association praises the discovery of the Commerce Department of dumping some aluminium foils from 5 different countries

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On 17th September 2021, the Commerce Department revealed that aluminium foil experts from Russia, Armenia, Oman, Turkey, and Brazil have been filling up the US market with the below-market products. The commerce department imposed final countervailing and antidumping duties on some aluminium foil exporters. The duties imposed were in the range from 5.82 percent to 63.05 percent.

Tom Dobbins, the President and CEO of the Aluminium Association said that the “move was a step in the right direction.”

He further added, “Today’s decision is another sign that the United States is committed to combatting unfair trade through strong enforcement of international trade rules. These determinations bring domestic aluminium foil producers one step closer to securing relief from a second surge in unfairly-traded imports that hit the industry just as it was beginning to recover from an earlier wave of dumped foil from China.”

The Commerce Department revealed that imports from the 5 countries of unsupported aluminium foils of 0.2mm thick or less shipped in rolls of 25lbs. Not only this, it also found out that Oman and Turkey exporters were the part of unfair government subsidies.

US Aluminium Association praises the discovery of the Commerce Department of dumping some aluminium foils from 5 different countries

The US aluminium foil industry, which has invested more than $ 500 million in recent years to increase production and supply customers, includes the most competitive producers in the world,” Dobbins continued. “But American manufacturers shouldn’t have to compete with products that are sold unfairly low and subsidized by foreign governments in violation of the trade rules we all must follow, “said Tom Dobbins.

Outlook For The Indian Aluminium Industry

However, it is for the United States International Trade Commission’s (USITC) to decide whether such imports caused material injury to domestic aluminium producers. The USITC revealed that they will be sharing a decision on the matter within a month.

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EDITED BY : 2MINS READ

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