Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

The US Department of Commerce levied final net subsidy rates after completing countervailing duties (CVD) investigations on aluminum extrusions exported by six companies from China.


In a notice published in the Federal Register this week, Commerce also rescinded the preliminary CVD levied on more than 200 Chinese exporters of aluminum extrusions as the review requests for these companies were “timely withdrawn.” 


The agency added that it would assess duties for these companies at rates that are equal to the cash deposits for estimated CVD that is “required at the time of entry” during the period of review (POR).


Commerce issued an ad valorem rate of 242.15pc for Activa International, CRRC Changzou Auto Parts, Guangdong Xingfa Aluminum, and Precision Metal Works as CVD for the POR from January 1, 2018, to December 31, 2018.


The remaining two companies—Changzou Tenglong Auto Parts and Dongguan Aoda Aluminum—were levied 16.08pc in CVD for the same POR.

Leave a Reply

Your email address will not be published.