CNIA: Non-existence for Chinese Aluminium Foil Companies’ Dumping to USA

Published: Nov 1, 2017 09:59
CNIA released statement on its website Tuesday, saying the association always insists that Chinese Aluminium foil enterprises have not damaged related industries in USA.

SHANGHAI, Nov.1 (SMM)-China Nonferrous Metals Industry Association (CNIA) released statement on its website Tuesday, saying the association always insists that Chinese Aluminium foil enterprises have not damaged related industries in USA, let alone dumping action to USA. China’s aluminium foil industry has a high level marketization and export pricing is mechanized by international aluminium price plus processing fees. The association will organize Chinese aluminium foil enterprises for a joint industrial no damage defense, maintaining healthy and free trade environment between US and China Aluminium industries.


The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.
For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

 

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Geopolitical Tensions Disrupt LPG, Natural Gas Supply to India, Impacting Aluminum Production
12 hours ago
Geopolitical Tensions Disrupt LPG, Natural Gas Supply to India, Impacting Aluminum Production
Read More
Geopolitical Tensions Disrupt LPG, Natural Gas Supply to India, Impacting Aluminum Production
Geopolitical Tensions Disrupt LPG, Natural Gas Supply to India, Impacting Aluminum Production
[SMM Aluminum Express News] Geopolitical tensions in West Asia have disrupted energy flows through the Strait of Hormuz, tightening LPG and natural gas supply to India. With gas diverted to households, according to the Aluminium Extrusion Manufacturers Association of India industrial supply has been cut by 50–80%, severely impacting energy-intensive aluminum extrusion. Around 25 plants have been shut down while ~200 operate at reduced rates, dragging monthly output from ~70,000 mt to ~45,000 mt. The supply-driven disruption is tightening downstream availability and supporting aluminum product premiums.
12 hours ago
SHFE Cast Aluminum Alloy Warrants Drop to 44,991 mt, Down 2,741 mt from Previous Day
13 hours ago
SHFE Cast Aluminum Alloy Warrants Drop to 44,991 mt, Down 2,741 mt from Previous Day
Read More
SHFE Cast Aluminum Alloy Warrants Drop to 44,991 mt, Down 2,741 mt from Previous Day
SHFE Cast Aluminum Alloy Warrants Drop to 44,991 mt, Down 2,741 mt from Previous Day
[SMM Flash News] SHFE data showed that as of March 23, the total registered volume of cast aluminum alloy warrants was 44,991 mt, down 2,741 mt from the previous trading day. By region, the total registered volume was Shanghai (3,177 mt, down 515 mt), Guangdong (17,467 mt, down 453 mt), Jiangsu (5,022 mt, down 453 mt), Zhejiang (14,155 mt, down 1,079 mt), Chongqing (3,843 mt, down 91 mt), and Sichuan (1,327 mt, down 150 mt). The English translation of the above text is:
13 hours ago
Secondary Aluminum Alloy ADC12 Market Weakens, Prices Drop by 200-400 Yuan/mt Amid Bearish Sentiment
13 hours ago
Secondary Aluminum Alloy ADC12 Market Weakens, Prices Drop by 200-400 Yuan/mt Amid Bearish Sentiment
Read More
Secondary Aluminum Alloy ADC12 Market Weakens, Prices Drop by 200-400 Yuan/mt Amid Bearish Sentiment
Secondary Aluminum Alloy ADC12 Market Weakens, Prices Drop by 200-400 Yuan/mt Amid Bearish Sentiment
[SMM Daily Review of Aluminum Alloy] The secondary aluminum alloy ADC12 market continued to weaken today, with mainstream enterprises generally cutting offers by 200–400 yuan/mt. The weaker prices were mainly dragged down by larger declines in aluminum prices and futures, with the cost center moving lower in tandem. In addition, some enterprises had shown relatively strong bullish sentiment earlier and lagged in the pace of price adjustments, leading to a catch-up decline in the market today. In terms of market sentiment, secondary aluminum enterprises turned cautious and bearish on the short-term aluminum price trend, focusing mainly on active shipments. Demand side, support remained weak, downstream procurement was maintained only for rigid demand, wait-and-see sentiment was strong, and
13 hours ago
CNIA: Non-existence for Chinese Aluminium Foil Companies’ Dumping to USA - Shanghai Metals Market (SMM)