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NEWS RELEASE

 

FOR IMMEDIATE RELEASE

 
                                                             

Contact:    

Nancy Molenda
847.416.7227
nmolenda@tso.net
 




AEC Joins Industry Voices in Opposing Quotas on Primary Aluminum Imports

April 25, 2018; Wauconda, Illinois – The Aluminum Extruders Council (AEC) stands in support of the Aluminum Association’s position that the Trump Administration must not impose quotas on imported primary aluminum products. Considering the disruption of this vital supply chain because of the Russian sanctions, any additional restraint of imported aluminum into the U.S. aluminum supply chain will lead to work stoppages at extrusion plants and their customers. Extrusion buyers will be forced to source parts from foreign suppliers to maintain production. In this case, the country most likely to supply these parts will be China.

The entire U.S. aluminum industry has made it clear to the Administration during the 232 Investigation that China IS THE THREAT to our industry. We are sure that President Trump does not want to lose the valuable jobs, innovation, and investment to the Chinese.

In the meantime, continued negative speculation about the U.S. aluminum supply will further increase aluminum prices and U.S. premiums, which will make aluminum extrusions and parts even less competitive against foreign suppliers. This is exactly what we made clear to the Administration during the 232 Investigation. It had been our hope and ambition that the Investigation would lead to solutions that would deal with the Chinese threat. Instead, the U.S. aluminum industry finds itself more vulnerable to China than ever.

The AEC calls on the Administration to empower this industry by ensuring its access to the very raw materials the aluminum industry needs to support a very vibrant and growing supply chain in the manufacturing base. Therefore, the Department of Commerce must not jeopardize these American jobs by further restraining access to primary aluminum by imposing quotas.

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About AEC

The Aluminum Extruders Council (AEC) has led the U.S. aluminum extrusion industry in achieving level competition by winning tariff protection that offsets unfair trade practices of extruders/importers of aluminum profiles produced in China. The efforts have been of enormous value to domestic extruders and suppliers. They may have saved the 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 www.AECFairTrade.org.

The Aluminum Extruders Council, established in 1950, is an international association dedicated to advancing the effective use of aluminum extrusion in North America. AEC is committed to bringing comprehensive information about extrusion's characteristics, applications, environmental benefits, design and technology to users, product designers, engineers and the academic community. Further, AEC is focused on enhancing the ability of its members to meet the emerging demands of the market through sharing knowledge and best practices. Advocacy programs ensure that aluminum extruders, suppliers and their products remain relevant and viable in an ever-changing legislative and regulatory climate. More than 120 member companies represent primary aluminum producers and other industry suppliers in addition to aluminum extruders operating hundreds of extrusion presses in hundreds of plants worldwide. For more information, visit the website at www.aec.org; contact AEC at mail@aec.org.