EU anti-dumping duties result in 22% decline in China’s March 2021 aluminium extrusion export

AL Circle

In March 2021, China exported 58,000 tonnes of aluminium extrusion, which reflected a 2 per cent month-on-month decline and 22 per cent on year, according to the latest customs data. The year-on-year downfall is analysed as an outcome of the lower exports due to the COVID-19 pandemic compared to the boosted export volume in March 2020. The opening of the export window due to the slump in domestic aluminium prices amplified the March 2020 aluminium extrusion export by 244.8 per cent month-on-month.

EU anti-dumping duties result in 22% decline in China’s March 2021 aluminium extrusion exports

{alcircleadd}

In March 2021, Chinese aluminium extrusion producers had to reduce export orders to the European Union as the latter levied anti-dumping duties on Chinese aluminium extruded products. They instead focused more on the domestic market and other major exporting countries.

According to the customs data, China’s aluminium extrusion exports to the European Union in March 2021 were only 3,500 tonnes – 20.7 per cent less month-on-month and 64.7 per cent on year.

The European Union, which used to be China’s top aluminium extrusion export destination, fell to fourth in 2021. The first three positions took over by Vietnam, Nigeria, and Australia, accounting for about 10 per cent, 8 per cent, and 7 per cent of China’s total aluminium extrusion exports.

AlCircle Expo 2021

On March 30, 2021, the European Commission issued final rulings on anti-dumping investigations into aluminium extrusion imports from China and imposed duties ranging between 21.2 per cent and 32.1 per cent.

Edited By:


This news is also available on our App 'AlCircle News' Android | iOS


Alternate Text
EPIQ Machinery

A world class equipment designer specialized in developing innovative & effective solutions for heavy equipment, vehicles, and material handling systems

Alternate Text
RIA Cast House Engineering

Leading supplier of rail mounted precision Furnace Charging Machines and Furnace Skimming Machines

Alternate Text
Altek

Leading manufacturer of value-added equipment for the aluminum casthouse

Alternate Text
Jagannath Company

Manufacturers & Supplier of Magnesium Metal and Aluminium Foundry Chemicals.

Alternate Text
XIAN HUAN-TAI TECHNOLOGY

Your reliable partner in aluminum casthouse equipment and products

Alternate Text
Fioscope

Fioscope provide air-cooled camera technology for high temperature applications

Related
Business Leads
Aluminium Discs / Circles: Grade 1100/1050 Temper H0 Thick...
18 Nov 2024 Buying request

We are looking for reliable buyers of copper concentrate. D...
21 Oct 2024 Selling offer

We need a quotation for the aluminium disc as we want to gen...
07 Aug 2024 Buying request

Read this news article and much
more on the AL News app
Get real-time news and business
lead alerts on your phone
SUBSCRIBE NOW
Market

Market

Project

Project

Technology

Technology

Leads

Leads