Alloy Aluminum Sheets Are Unfairly Traded in the U.S., Determines Commerce Dept

SEATTLE (Scrap Monster): The U.S. Department of Commerce announced its final determination that imports of common alloy aluminum sheet from as many as 16 countries are being unfairly traded in the U.S. market. Also, aluminum sheet producers in three countries seem to benefit from unfair government subsidies.

Commenting on the decision, Tom Dobbins, president and CEO of the Aluminum Association said that the association is pleased with the final determinations by the U.S. Commerce Department. The domestic alloy sheet producers in the U.S. are among the most competitive producers in the world, having invested more than $1 billion in recent years. However, the industry cannot compete against products that are sold at unfairly low prices and subsidized by foreign governments, he added.

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The Commerce Department fixed antidumping and countervailing duty deposit rates of 49.40 to 242.80% for Germany, 49.61 to 137.06% for Brazil and 4.89 to 79.89% for India. Also, it calculated negative antidumping determinations for imports from Greece and Korea and negative countervailing duty determination for imports from Brazil. Meantime, Dobbins said that the association is disappointed by the negative findings.

The United States International Trade Commission (USITC) will now announce its final determination by end-March this year.