Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

The EU announced in a notice in its official journal on Tuesday that starting Oct 14, it will charge antidumping duties (AD) of 30.4-48pc on aluminum extrusions from China.


Two Chinese companies—Guangdong Haomei New Materials and Guangdong King Metal Light Alloy Technology—will pay an AD of 30.4pc, while Press Metal International has been charged with a 38.2pc duty.


According to the notice, other Chinese exporters who cooperate with the EU in the investigation will have to pay 34.9pc in duties while other companies will be charged with 48pc.


According to the notice, the duties are a result of an antidumping investigation initiated by the EU in January after it received a complaint from the Association of European Aluminium, which represents over 25pc of the European companies that produce extrusion products. 


The AD investigation covers extruded bars, profiles (hollow or otherwise), rods, pipes, and tubes imported from China between January 1, 2019, and December 31, 2019. However, these are provisional duties and will apply until the final results of the investigation are announced in April 2021, media reports suggest.


The announcement comes days after the region slapped antidumping duties on stainless-steel from the Asian country and amid various investigations on China selling its products into the EU at less than fair value. 

Leave a Reply

Your email address will not be published.