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

The US Department of Commerce has published its final results in the antidumping (AD) investigation of aluminum alloy sheet imports from 18 countries. 

 

In a release dated Mar 2, Commerce determined that the parties involved made sales at less than fair value in the US, in line with its preliminary order on October 9, 2020.  

 

The final AD rates are as follows: 

CountryAD rate
Bahrain4.83pc
Brazil49.61-137.06pc
Croatia3.19pc
Egypt12.11pc
Germany49.40-242.80pc
Greece0-2.72pc
India0-47.92pc 
Indonesia32.12pc
Italy0-29.13pc
Oman5.29pc
Romania12.51-37.26pc
Serbia11.67-25.84pc
Slovenia13.43pc
South Africa8.85pc
South Korea0-5.04 pc 
Spain3.80-24.23pc 
Taiwan17.50pc
Turkey2.02-13.56pc

Commerce also affirmed the countervailable subsidies that exporters from India (4.89-35.25pc), Bahrain (4.83-6.44pc), and Turkey (2.56-4.34pc) received from their home countries. Meanwhile, it determined that Brazil did not receive subsidies. 

 

Tom Dobbins, president and chief executive officer of the Aluminum Association, commended Commerce’s ruling, stating that sheet producers had invested about $1bn in expanding production and can now be safeguarded against dumping practices in the country.

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