In one of the biggest decisions in Aluminum Extruders Council (AEC) history, the U.S. Commerce Department reached its final determination in the 9th Annual Administrative Review on Aluminum Extrusion imports from China. In that decision, Commerce will apply China duties on all imports from Kingtom Aluminio SRL. This decision is in step with their preliminary decision last summer. The Kingtom imports will be faced with an 86.01% Anti-Dumping (AD) duty, and a Countervailing Duty (CVD) rate of 242.56% for a combined tariff of 328.57%! As I write this report, we are still awaiting the public version of this decision. Once we receive that and have more details, we will conduct a podcast with Wiley Law to discuss what comes next. Kingtom has clearly injured our market since it became active. So, seeing this result is good. However, what is better is the precedent we are setting. It is clear that China intends to build more facilities like Kingtom in other developing nations as a
The Aluminum Extruders Council (AEC) has led the U.S. aluminum extrusion industry in achieving level competition by winning tariff protection that offsets unfair trade practices of extruders/importers of aluminum profiles produced in China. Our efforts have been of enormous value to domestic extruders and suppliers. Conservatively, an estimated 800 million pounds per year of extrusions are being produced in the U. S. that would have otherwise been lost to China.