Aluminum Association praises Commerce Department’s discovery of dumping certain aluminum foils from five countries – Aluminum Insider
The aluminum industry’s trade group, the Aluminum Association, praised the US Department of Commerce for its final ruling that importers from Russia and four other countries are dumping certain aluminum foil on the American market.
On Friday, the Commerce Department found that aluminum foil exporters from Armenia, Brazil, Oman, Russia and Turkey were flooding the US market with sub-market products. The Commerce Department imposed definitive countervailing and anti-dumping duties on exporters of certain aluminum foil ranging from 5.82% to 63.05%.
Tom Dobbins, president and CEO of the Aluminum Association, said in a press release that the move was a step in the right direction.
“Today’s decision is another sign that the United States is determined to fight unfair trade by rigorously enforcing international trade rules. These decisions bring domestic aluminum foil producers one step closer to obtaining relief from a second wave of unfairly traded imports that hit the industry at the time. even where she was starting to recover from a previous wave of dumped tin foil from China.
The Commerce Department found that imports from these five countries of unsupported aluminum foil 0.2 mm or less in thickness shipped in 25 lb. or more were sold at below market prices. In addition, he determined that the exporters from Oman and Turkey were the recipients of unfair government subsidies.
“The US aluminum 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.”
It is for the United States International Trade Commission (USITC) to determine whether these imports have caused material injury to domestic aluminum producers. The USITC said it would issue a ruling on the matter within a month.