The United States announced on Wednesday that will impose final anti-dumping and anti-subsidy duties of 96.3 percent to 176.2 percent on Chinese common alloy aluminum sheet products.
The decision by the Commerce Department marks the first time that final duties were issued in a trade remedy case initiated by the US government since 1985, Reuters reports.
“We will continue to do everything in our power under US law to restrict the flow of dumped or subsidized goods into US markets,” Commerce Secretary Wilbur Ross was quoted as saying in a statement.
The final aluminum sheet duties, however, were reduced from those first imposed in April and July. The initial combined range was 198.4 percent to 280.46 percent.
In 2017, imports of common alloy aluminum sheet from China were valued at an estimated US$900 million, the Commerce Department said.
The flat-rolled product is used in transportation, building and construction, infrastructure, electrical and marine applications.
The US International Trade Commission is scheduled to make its final injury determinations on Dec. 20 after it voted 4-0 in January to authorize the investigation.
US aluminum industry firms including Aleris, Arconic, Constellium, Jupiter Aluminum, JW Aluminum and Novelis testified in December 2017 about what they termed a surge “in low-priced, unfairly traded imports of common alloy sheet from China.”
The firms said the volume of aluminum sheet product imports had increased by nearly 750 percent over the last decade and by more than 91 percent between 2014 and 2017.
This resulted in “significant market share gains by Chinese imports at the direct expense of the US industry,” the US firms alleged.
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