Australia 16% of China's aluminum levy provisional anti-dumping duty

2010-01-06 07:04:10

As the "squeeze" to the local aluminum industry in Australia, the Australian side has originated from China's aluminum extrusion material to make preliminary anti-dumping, said it would charge 16% of the provisional anti-dumping duties.
    May 15 of this year, Australia's largest aluminum production and processing enterprises Capral and G-James to the Australian Customs a written application, requires originating in or exported from China aluminum extrusion materials combined anti-dumping and countervailing duty investigations. June 24, the Australian Customs announced originating in or exported from China Aluminum Extruded launch anti-dumping and countervailing duty investigations combined. General Administration of Customs data show that in 2008 China's aluminum exports to Australia amounted to 2.507108 trillion U.S. dollars, an increase of 20.93%.
    The world's third-largest aluminum maker, Liaoning Zhong Wang Group Head of Foreign Trade said yesterday that at present they are exported to Australia, although the proportion Extruded aluminum is not large, but 16% of the provisional anti-dumping duty, business, or should have accepted the process, the end just who should bear the losses and the increase in price, but also through consultation with local customers and then decide.
    Aluminum Foreign Trade Department Manager, Southwest Yonghong Wen said that as the aluminum extrusion materials lower the investment threshold, leading to many small businesses are flocking, followed by a large number of export would inevitably lead to local concerns. China Nonferrous Metals Industry Association, the Ministry of Information and Peng Bo, consistent with its opinion, "Extruded aluminum is widely used in transportation, construction windows and doors, household appliances and other industries, but their production is not very high technological content, a large number of manufacturing enterprises in China are concentrated in the Guangdong provinces. " He said the case involved relatively small amounts, but some small-scale export enterprises will therefore be a greater impact.

    It is understood that Australia's annual consumption of aluminum approximately 140,000 -16 million tons, Capral and G-James and other local firms which would account for about 2 / 3, while the others are from more than 700 of China's aluminum enterprises, which mostly concentrated in Guangdong Province. 1 million U.S. dollars of export enterprises with more than 31, more than 20 million U.S. dollars of export enterprises 4, accounting for more than half of the total, including three in Guangdong Province.
    It is understood that this is not China's aluminum extrusion material for the first time been convicted of "squeeze" of each other's markets. February 16 of this year, the Canadian Border Services Agency on China Aluminum Extruded "double reverse" merger investigations to make the final ruling, ruled that originated in or exported from China Aluminum Extruded Products dumping and subsidies, and finds that Al - Extruded industry does not belong to a market-oriented industry.
    Nonferrous Metal Association, Guangdong Province, told reporters that the Secretary-General JIA, Guangdong Province, aluminum production and export volume for 30 consecutive years, ranking first in the country, of which exports accounted for more than 70% of the country. Canada's "double against" case that, many companies have transferred will be exported to Southeast Asia. Although from a national point of view, the number of exports to Australia is not much, but the proportion of Guangdong Province, is still the highest. And this is precisely what has geographical characteristics of export products needed in response to trade frictions and contradictions facing the embarrassment. On the one hand, the products involved relatively small amounts, enough to cause concern throughout the industry, on the other hand, due to the local level are not eligible for participation in national trade associations responding to the work, so many of the affected small and medium enterprises responding to nowhere.

    July 2007 aluminum commodity countries have eliminated export tax rebates, but this year, April 1, certain aluminum commodity export rebate rate has increased from zero to 13%. Albert the Great Wall Futures, chief analyst at Jingchuang that China's aluminum resources are not scarce, domestic aluminum production capacity has been a surplus. Although the countries have had restrictions on the local aluminum plant to increase production, but some local governments for the protection of local interests, not too much interference.