The US International Trade Commission voted last Friday to continue investigations into illegal and unfair dumping practices against 14 countries, ruling that there is “reasonable evidence that US industry has been materially harmed by aluminum imports.”
The USITC investigation follows a petition filed in October 2023 by the Aluminum Extruders Alliance (AEC) and the United Steel Warriors (USW) to “fight back” the authorities. [their] Very life.” Using “highly dumped and subsidized prices,” foreign aluminum extrusion producers have “gained substantial and increasing U.S. market share at the direct cost of U.S. industry,” AEC officials said.
After an initial investigation, USITC officials said there was a reasonable indication that imports from China, Colombia, Ecuador, India, Indonesia, Italy, Malaysia, Mexico, South Korea, Taiwan, Thailand, Turkey, the United Arab Emirates and Vietnam would materially harm U.S. industry. For aluminum extrusions. Conquests from those countries are sold at fair prices in the U.S. and subsidized by the governments of China, Indonesia and Mexico, the commission reported. At the same time, officials said they determined there was a reasonable indication that their own government would subsidize imports from Turkey.
Aluminum imports from the Dominican Republic were among those listed in the complaint, which the USITC found insignificant and voted to end its anti-dumping duty investigation against that country.
“US aluminum extractors and their workers, including thousands of USW workers, are suffering from unfair trade practices from these countries,” said Robert E. DeFrancesco, a partner in the international trade practice at Wiley Rain LLP, the firm representing the petitioners. “Today’s Commission vote is a step closer to bringing the domestic industry back into the U.S. aluminum extrusion market.”
According to Willie Rein, dumping of imported products is said to be as high as 377%.
In the year By 2022, the AEC reports that the U.S. market share for aluminum extrusions will drop from 80% to 75% after the tariffs are lifted, translating to 300 million pounds of extrusions. Officials say this amount is equivalent to eight extraction plants and 2,000 jobs at the time.
Wiley Rein officials said that as a result of the USITC rulings, the US Department of Commerce will continue to investigate imports from China, Colombia, Ecuador, India, Indonesia, Italy, Malaysia, Mexico, South Korea, Taiwan, Thailand, Turkey, and the United Arab Emirates. and Vietnam, on December 28, 2023, or with advance payment tax (CVD) decisions. Preliminary anti-dumping duty determinations are due on or around March 12, 2024.
“If Trade also reaches positive preliminary determinations in these cases, the suspension of imports will begin, and US Customs and Border Protection will begin collecting provisional AD and CVD fees from importers based on the initial margin calculated at the time,” the officials said. He told Willie.
If both the USITC and Commerce reach a final decision, AD and CVD orders will be issued, imposing duties on the unfair trade for at least five years.