Industry News

India extends AD validity on China’s aluminum foil

Views : 217
Update time : 2022-02-21 20:38:43
India’s Ministry of Finance has decided to extend the anti-dumping (AD) validity on imports of aluminum foil of thickness ranging from 5.5 microns to 80 microns originating in or exported from China till June 15, 2022, as a result of the AD sunset review launched by the Directorate General of Trade Remedies (DGTR) last September.

The applicants of this case were Hindalco Industries, Raviraj Foils, and Jindal India, which alleged that the discontinuation of current AD duty is likely to lead to the continuation or recurrence of dumping and injury to the domestic industry.

A definitive AD duty was imposed on May 16, 2017, valid for five years until May 15, and this measure is now extended till June 15. The duty rate is from US$0.69 to US$1.63/kg, depending on the company.
Related News
Read More >>
Vale Q1 Revenues & Earnings Miss Estimates on Lower Iron Ore Prices Vale Q1 Revenues & Earnings Miss Estimates on Lower Iron Ore Prices
Apr .29.2025
Vale Q1 Revenues & Earnings Miss Estimates on Lower Iron Ore Prices
Brazil's steel imports may break Mar record in Apr Brazil's steel imports may break Mar record in Apr
Apr .29.2025
Brazil's steel imports may break Mar record in Apr
Nickel prices surge as LME inventories decline & US-China trade tensions ease Nickel prices surge as LME inventories decline & US-China trade tensions ease
Apr .29.2025
Nickel prices surge as LME inventories decline & US-China trade tensions ease
Hydro & Wilson collaborate on wind-powered shipping for greener aluminum logistics Hydro & Wilson collaborate on wind-powered shipping for greener aluminum logistics
Apr .29.2025
Hydro & Wilson collaborate on wind-powered shipping for greener aluminum logistics