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

The US Department of Commerce has preliminarily determined antidumping (AD) margins on aluminum foil from four countries. 

In an Apr 28 release, Commerce levied AD duties on aluminum foil from Armenia, Brazil, Oman, and Russia.

 

The investigation, which reviewed the alleged indiscretions on Wednesday, was initiated on a petition by the Aluminum Association. In line with the preliminary results, Commerce will direct US Customs and Border Protection (CBP) to collect cash deposits from the producers on the rates mentioned in the table below. 

 

ExporterAD Margin
Armenia188.84pc
Brazil13.87-63.05pc
Oman4.03pc
Russia62.18pc

 

Commerce will publish its final AD and countervailing duty (CVD) verdict in September 2021, while the US International Trade Commission has yet to choose a final verdict date. 

Leave a Reply

Your email address will not be published.