Chinese Aluminum Products Face U.S. Duties Criticized by Embassy -Shanghai Metals Market

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Chinese Aluminum Products Face U.S. Duties Criticized by Embassy

Industry News 10:48:55AM Mar 30, 2011 Source:SMM

March 30 (Bloomberg) -- The U.S. Commerce Department imposed dumping and subsidy duties on $503 million of aluminum products imported from China, a step the Chinese embassy said was “unwelcome” and may harm trading relations.

Final duties will range from 32.79 percent to 33.28 percent, the department said today in an e-mailed statement. In addition, anti-subsidy duties on the imports will be as much as 374.15 percent, according to the statement.

The products, aluminum extrusions, are used for construction and incorporated into window and door frames, gutters and solar power frames. Parts for cars and boats are also made with the metal from China.

A World Trade Organization panel ruled against the U.S. practice of imposing both dumping and subsidy duties on Chinese products this month.

“Against this backdrop, the U.S. side is imposing new similar sanctions against Chinese products,” Wang Baodong, a spokesman for the Chinese embassy in Washington, said in an interview. “It’s particularly unwelcome, and it’s not conducive to the health of our trading relations.”

The decision is the second by the Commerce Department in the case brought by a group of privately held companies. A final decision by the U.S. International Trade Commission is scheduled for May. Importers must deposit the duty amounts while they await the final ruling.
 

Key Words:  Aluminum Al 

Chinese Aluminum Products Face U.S. Duties Criticized by Embassy

Industry News 10:48:55AM Mar 30, 2011 Source:SMM

March 30 (Bloomberg) -- The U.S. Commerce Department imposed dumping and subsidy duties on $503 million of aluminum products imported from China, a step the Chinese embassy said was “unwelcome” and may harm trading relations.

Final duties will range from 32.79 percent to 33.28 percent, the department said today in an e-mailed statement. In addition, anti-subsidy duties on the imports will be as much as 374.15 percent, according to the statement.

The products, aluminum extrusions, are used for construction and incorporated into window and door frames, gutters and solar power frames. Parts for cars and boats are also made with the metal from China.

A World Trade Organization panel ruled against the U.S. practice of imposing both dumping and subsidy duties on Chinese products this month.

“Against this backdrop, the U.S. side is imposing new similar sanctions against Chinese products,” Wang Baodong, a spokesman for the Chinese embassy in Washington, said in an interview. “It’s particularly unwelcome, and it’s not conducive to the health of our trading relations.”

The decision is the second by the Commerce Department in the case brought by a group of privately held companies. A final decision by the U.S. International Trade Commission is scheduled for May. Importers must deposit the duty amounts while they await the final ruling.
 

Key Words:  Aluminum Al