A number of Chinese companies have been imposed temporary anti-dumping duties of up to 48% by the EU
According to foreign media reports, European aluminum producers welcomed the European Commission’s decision on Thursday to impose a temporary anti-dumping duty of up to 48% on aluminum profiles from China.
In February of this year, the European Commission launched an investigation into whether China was dumping aluminum profiles in the EU market. A document released on Tuesday announced that temporary tariffs would be imposed. The European Aluminum Association said that temporary anti-dumping duties are expected to be implemented before October 15 and the relevant investigation will be completed in April 2021.
The EU will impose temporary anti-dumping duties of up to 48% on Chinese aluminum profiles
According to Reuters, the European Commission launched an investigation into whether China dumped aluminum profiles in the EU market in February this year. Such products are widely used in EU transportation, construction and electronics industries. A document issued by the European Commission on Tuesday announced that temporary tariffs would be imposed.
The European Aluminum Association announced that temporary anti-dumping duties are expected to be implemented before October 15, and the relevant investigation will be completed in April 2021.
According to EU documents, Guangdong Haomei New Materials Co., Ltd. and Guangdong Jingjing Special Profile Co., Ltd. will be levied a 30.4% tariff. Australia will be levied a 38.2% tariff. The document also shows that other "partners" will be levied a 34.9% tariff, and materials from all other companies will be levied a 48% tariff.
Gerd Götz, Director-General of the European Aluminum Association, said in a statement: "These anti-dumping duties are critical to the survival of the European aluminum value chain, which in turn is critical to Europe's transition to a digital and green economy. important."
Previously, the industry organization filed a complaint on behalf of seven manufacturers, claiming that China's exports of semi-finished aluminum products to the EU more than doubled in the five years ending in 2019, and the European Commission subsequently launched an investigation.
