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Aluminum Industry on final phase of aluminum foil imports investigation at USITC Hearing

Metal News - Published on Mon, 12 Feb 2018

Image Source: aluminum.org
Ms Heidi Brock President and CEO of Aluminum Association, along with industry leaders, testified before the US International Trade Commission on the antidumping and countervailing duties investigation on Chinese aluminum foil imports.

Ms Brock said in her testimony that “The relief we seek will help ensure that the US aluminum foil industry can compete fairly in the US market.” She said that “The Aluminum Association is committed to combating unfair trade practices that impact our industry while we strive for a level playing field. The US government must enforce its trade rules so that companies can continue to innovate, invest and grow with confidence in the United States.”

The Aluminum Association’s Trade Enforcement Working Group filed petitions requesting the initiation of anti-dumping and countervailing duty investigations in March of 2017 against the import of aluminum foil products from China the first such action in the association’s 85-year history. Lee McCarter and Chester Roush of JW Aluminum Company; Beatriz Landa of Novelis; Murray Rudisill of Reynolds Consumer Products; and Holly Hart of United Steel Worker shared details on how Chinese aluminum foil imports have impacted US producers and threatened a key market in the US economy.

The US aluminum industry supports 161,000 direct jobs and more than 700,000 jobs when indirect and induced impacts are considered. U.S. aluminum foil producers generate around USD 6.8 billion in total economic activity and support more than 20,000 direct, indirect and induced American jobs. Further, the industry creates USD 75 billion in direct economic impact and USD 186 billion in total impact, around 1 percent of US GDP. The industry has been operating in a very challenging environment for a number of years largely because of Chinese overcapacity distorting the marketplace.

Meanwhile, The Aluminum Association represents aluminum production and jobs in the United States, ranging from primary production to value added products to recycling, as well as suppliers to the industry. The Association is the industry’s leading voice, providing global standards, business intelligence, sustainability research and industry expertise to member companies, policymakers and the general public. The aluminum industry helps manufacturers produce sustainable and innovative products, including more fuel-efficient vehicles, recyclable packaging, greener buildings and modern electronics. In the US, the aluminum industry creates USD 186 billion in economic activity.

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Posted By : Amom Remju on Mon, 12 Feb 2018
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