The Wall Street Journal published, “Chinese Billionaire Linked to Giant Aluminum Stockpile in Mexican Desert,” an investigative report on Liu Zhongtian, founder of Chinese metals conglomerate China Zhongwang, alleged use of Aluminicaste, an aluminum remelt factory in Mexico, to game the global trade system. The article notes that nearly 1 million metric tons of aluminum was […]
Fair Trade
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European Aluminium issued a statement regarding the deal under consideration by the European Commission for the steel sector in exchange for granting China the coveted Market Economy Status (MES). According to the organization, this approach ignores the enormous Chinese overcapacities in industries like aluminum and creates unfair distortions on the EU market. “The European Commission is […]
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The U.S. Department of Commerce (DOC) issued its long-awaited circumvention decision in the Aluminum Extruders Council’s (AEC) petition against China Zhongwang Holdings Ltd. The AEC alleges that the company has systematically and illegally evaded duties on aluminum extrusions imported into the United States. The DOC concluded that “based on the information provided by Petitioner, the Department finds […]
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The Aluminum Association reported that a group of leading U.S. manufacturing associations announced the formation of a new coalition, Manufacturers for Trade Enforcement, to oppose China’s designation as a market economy at the end of 2016. China has claimed that it should be automatically accorded treatment as if it were a market economy after the […]
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The U.S. House Committee on Ways & Means requested a formal investigation by the U.S. International Trade Commission (USITC) into the global competitiveness of the U.S. aluminum industry. The request initiates an inquiry by the U.S. government into the competitive conditions of the aluminum industry domestically and in major producing and exporting countries, such as […]
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The Aluminum Extruders Council (AEC) filed a petition against China Zhongwang Holdings Ltd., alleging the company has systematically and illegally evaded duties on aluminum extrusions imported into the United States. The alleged scheme involves hundreds of millions of pounds of aluminum extrusions that are simply cut and welded into aluminum slabs. Upon entering the U.S., […]
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The Aluminum Extruders Council (AEC) posted an update on its ongoing work on the Chinese imports case, which looks to achieve and maintain the fair trade for aluminum extruders in the U.S. The announcement looks at the first annual Administrative Review, which came to an end in late 2013, as well as what can be expected […]
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On November 14, 2013, the Department of Justice (DOJ) announced that Ohio-based Basco Manufacturing Co. (Basco) agreed to pay $1.1 million to resolve allegations that the company violated the False Claims Act by submitting false customs declarations to avoid paying duties on aluminum extrusions from China, which at the time were subject to combined antidumping […]