Victory for foil manufacturers

File Image: IOL

File Image: IOL

Published Oct 30, 2017

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The US Commerce Department said on Friday it made a preliminary finding that China dumped aluminium foil on the US market and imposed duties ranging from 97 percent to 162 percent. Last year, US aluminium foil imports from China were valued at $389 million (R27.5 billion), it said in a statement. 

The department said it would issue its final determination in February. 

The decision was a victory for US aluminium foil makers who filed a complaint with the department accusing Chinese producers of dumping foil into the US market. In August, the department placed preliminary anti-subsidy duties of about 17 percent to 81 percent on China’s aluminium foil imports. 

- REUTERS 

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