MSCI Applauds Aluminum Association Petition To Combat Chinese Aluminum Foil Dumping
Last week, the Aluminum Association (AA) filed an antidumping and countervailing duty petition with the Trump administration regarding imports of certain aluminum foil from China.
The Metals Service Center Institute (MSCI) supports AA’s petition and President and CEO M. Robert Weidner issued a statement reacting to the announcement. Weidner said, “The Metals Service Center Institute and its members applaud the Aluminum Association’s decision to pursue relief for domestic producers facing increasing volumes of low-priced imports of aluminum foil from China. This petition sets an important precedent for attaining the goal of fair and free trade for the entire industrial metals supply chain.” Weidner also argued that “this case is a vital step in addressing Chinese overcapacity” and noted that “in testimony last fall before the U.S. International Trade Commission, MSCI called for tougher government action to halt unfair and illegal trade practices by China, including currency manipulation, that have harmed the U.S. aluminum industry.”
The Chinese government reacted to the AA’s petition on Friday. According to Manufacturing.net, Commerce Ministry official Wang Hejun said, “China hopes that the U.S. side will not resort to trade remedies … We hope the two countries can resolve the concerns of both industries through dialogue and hope the U.S. Department of Commerce will exercise caution and avoid harming mutual benefit.”