More anti-dumping duties are on the way to Chinese aluminium products. After India, now the Gulf Cooperation Council (GCC) states are imposing duties on China for flooding their countries with aluminium products at unfair prices. The news came on Thursday, March 20, after the GCC Ministerial Committee, composed of industry ministers, announced the move officially.
This decision follows the recommendation from the GCC Permanent Committee for Anti-Injurious Practices in International Trade to impose import tariffs on aluminium alloy products originating from China.
The duties being levied on Chinese aluminium products include flat or grained rectangular (including square) aluminium alloy sheets, plates, coils, strips, coated or coloured, with a 2-8 mm thickness.
Why this move?
The growing influx of unwrought aluminium and aluminium products from China over the years has prompted the GCC states to impose anti-dumping duties. In 2024, the GCC imported 380,638 tonnes of aluminium, compared to 304,520 tonnes in 2023. That marked a staggering growth of 25 per cent year-on-year following a drop in the preceding year. However, despite fluctuations, the GCC’s aluminium imports from China have consistently exceeded 300,000 tonnes since 2022, showing a 30 per cent year-on-year increase from 279,824 tonnes in 2021 to 362,654 tonnes in 2022.
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