Brazil investigates dumping accusation against Chinese aluminium laminate exports
Aug, 12, 2020 Posted by datamarnewsWeek 202033
After a complaint by the Brazilian Aluminum Association (Abal), Brazil is investigating China to check whether aluminum laminates are being sold at a price lower than that charged in the Chinese domestic market, which would mean that the practice of dumping was occurring in order to harm the Brazilian industry. If it is proven that dumping was actually practiced, Chinese products may be surcharged to enter Brazil. The process can take from 10-18 months, but preventive measures can be taken before completion.
Competition in the aluminum market has become even more fierce in recent years, after the United States stopped the Chinese product and, in 2018, levied a surcharge on imports of the product from several countries, including Brazil, which has to pay 10% extra to enter the country. On August 6, the Americans rekindled the war in this market by announcing that they will again surcharge aluminum imports from Canada by 10%, a country that was not on the list before. China is the world’s largest exporter, responsible for more than half of the world’s aluminum production.
Source: Estadão
-
Meat
Mar, 08, 2022
0
War increases meat-packing costs but also opens up space for exports
-
Other Cargo
Oct, 20, 2021
0
Faced with an energy crisis, China increases control over its fertilizer exports
-
Environment
Jan, 31, 2023
0
CMA CGM launches call for projects to step up decarbonization of the industry
-
Trade Regulations
Jul, 29, 2019
0
China increases US soybean imports