The Aluminum Extruders Council announced its strong support for the new trade enforcement action against the People's Republic of China.
The Aluminum Extruders Council (AEC) in January announced its strong support for the new trade enforcement action against the Peoples Republic of China announced recently by the United States Trade Representative (USTR). The action seeks to have the World Trade Organization (WTO) address U.S. concerns that Chinas subsidies to certain producers of primary aluminum is causing serious prejudice to U.S. interests by artificially expanding Chinese capacity, production and market share.
Chinas subsidies have had and are continuing to have a significant adverse impact on the U.S. domestic aluminum industry, and ultimately are harmful to American jobs, workers and business, said Matt McMahon, AECs chairman. The USTRs action is an important first step towards addressing, and correcting, Chinas policies on aluminum.
The AEC has been a leader in seeking to level the competitive playing field for aluminum extruders, and aluminum in general, through its efforts to impose countervailing duties on Chinese imports. We have continued to witness inexplicable marketplace behavior by Chinese aluminum extruders, McMahon said, despite our industrys best efforts to have the U.S. impose duties. AEC congratulated Ambassador Michael Froman of the USTR and noted that Its high time the U.S. address the anticompetitive policies in China that allow for these types of market disruptions, said McMahon.
AEC also acknowledged the leadership role played by Century Aluminum in bringing the issue forward. The AEC says it will continue to work with the USTR and the new administration to assure that the market for aluminum products is not artificially distorted by Chinas policies and practices.
The AEC is an international association dedicated to advancing the effective use of aluminum extrusion in North America. AEC is committed to bringing comprehensive information about extrusions characteristics, applications, environmental benefits, design and technology to users, product designers, engineers and the academic community. Further, AEC is focused on enhancing the ability of its members to meet the emerging demands of the market through sharing knowledge and best practices. Advocacy programs ensure that aluminum extruders, suppliers and their products remain relevant and viable in an ever-changing legislative and regulatory climate. More than 120 member companies represent primary aluminum producers and other industry suppliers in addition to aluminum extruders operating hundreds of extrusion presses in hundreds of plants worldwide. For more information, visit the website at www.aec.org.