EU Imposes Antidumping Duty on Aluminum Converter Foil From China
The European Union imposed a definitive antidumping duty on aluminum converter foil from China, the European Commission said Dec. 8. The duty applies to aluminum "converter foil of a thickness of less than 0,021 mm, not backed, not further worked…
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than rolled, in rolls of a weight exceeding 10 kg" and includes exclusions for five products that are all various types of aluminum household foil. Rates will apply to Jiangsu Zhongji Lamination Materials Co. at 28.5%; Xiamen Xiashun Aluminium Foil Co., 15.4%; Yantai Donghai Aluminium Foil Co., 24.7%; and other cooperating companies listed in the Annex, 23.6%. All other companies will be assigned a 28.5% AD rate. Aluminum is an "important commodity on the EU market with a market value of 630 million Euro," European Commission said, serving the packaging and electric car battery industries, in particular. "The tariffs will help defend EU companies and workers in this sector: the imports of aluminium converter foil from China will no longer enjoy an unfair advantage over the Union industries and will compete on an equal grounding," the commission said.