EU to impose antidumping duties on aluminum extrusions from China
Friday, September 25, 2020
The European Commission announced that it will impose provisional anti-dumping duties of up to 48% on aluminum extrusions from China, a welcome announcement from producers in the European Union.
The Commission opened an investigation in February as to whether China was dumping extrusions on the EU market. The investigation resulted from a complaint by the industry group representing seven producers, saying that Chinese imports of semi-fabricated aluminum products into the EU have more than doubled in the past five years, from 2014 to 2019. The destructive impact of dumped imports has led to a decrease in production and a loss of market share for European producers across the entire value chain, which forced several companies to restructure or close plants with significant job losses as a result, according to the European Aluminuim Association.
“These anti-dumping duties are crucial for the survival of the European aluminum value chain, which is critical to Europe’s transition to a digital and green economy,” Gerd Götz, the director general of the European Aluminium Association, said in a statement.
Members of European Aluminium include Norsk Hydro, Rio Tinto and Alcoa.
The provisional duties are expected to be imposed by Oct. 15 while the investigation is due to be finalized in April 2021, European Aluminium said. Duties range from 30.4% to 48%.
The Aluminum Extruders Council led the way more than a decade ago when the U.S. imposed antidumping and countervailing duties on aluminum extrusion imports produced in China. Since then, efforts have been of enormous value to North America extruders and suppliers. They may have saved the domestic industry. Conservatively, AEC estimates 800 million pounds per year of extrusions are being produced in the U. S. that would have otherwise been lost to China. For more information, visit our Fair Trade page.