SHANGHAI, Aug. 10 (SMM) –Chinese aluminum foil exported to the US is heavily subsidized, according to preliminary result announced by the US Department of Commerce on August 8.
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The DOC announced subsidy margins for Chinese aluminum foil exported to the US are 16.56%-80.97%. Based on this preliminary result, the DOC suggested US Customs to levy corresponding deposits on products involved.
In March this year, the DOC launched anti-dumping and anti-subsidy investigations into aluminum foil imported from China.
The DOC and US International Trade Commission plan to make final determinations on anti-dumping and anti-subsidy investigations into aluminum foil imported from China in October and December, respectively.
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