CRU Insight: Implications of The Aluminum Association's Tough Stance on Chinese Imports
LONDON, May 4, 2017 /PRNewswire/ --
The Aluminum Association (AA) is taking unprecedented action against Chinese aluminium foil producers by filing antidumping and countervailing duty petitions in the US on behalf of its members.
In 2016, Chinese aluminium foil imports accounted for 72.8% of total US foil imports, a figure which has grown from 49.1% in 2011. Considering that imported foil represented 31% of U.S. and Canadian foil consumption in 2016, and 19.8% of China's total foil exports in 2016, the potential implications of such an action are worth a closer look.
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