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Henan Mingtai Alumin expect 2018 production and sales to keep growing despite US probe

Metal News - Published on Thu, 07 Dec 2017

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Reuter reported that Henan Mingtai Aluminum, one of China's biggest aluminium sheet manufacturers, expected its production and sales to keep growing in 2018 despite the launch of US trade probes into imports of the product from China.

Mingtai, with a production capacity of 650 000 tonnes per year of semi-finished aluminium products, is the first Chinese firm to make a public statement about the twin anti-subsidy and anti-dumping probes into Chinese aluminum alloy sheet announced by Washington last month.

China's Ministry of Commerce has already expressed "strong disatisfaction" over the action amid rising trade friction between the Trump administration and Beijing.

While pledging to cooperate with the investigations, Mingtai said that any allegations that Chinese aluminium sheet was being sold at an "unfair price" and benefiting from government subsidies did "not match the facts".

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Posted By : Rabi Wangkhem on Thu, 07 Dec 2017
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