- FMA
- The Fabricator
- FABTECH
- Canadian Metalworking
Categories
- Additive Manufacturing
- Aluminum Welding
- Arc Welding
- Assembly and Joining
- Automation and Robotics
- Bending and Forming
- Consumables
- Cutting and Weld Prep
- Electric Vehicles
- En Español
- Finishing
- Hydroforming
- Laser Cutting
- Laser Welding
- Machining
- Manufacturing Software
- Materials Handling
- Metals/Materials
- Oxyfuel Cutting
- Plasma Cutting
- Power Tools
- Punching and Other Holemaking
- Roll Forming
- Safety
- Sawing
- Shearing
- Shop Management
- Testing and Measuring
- Tube and Pipe Fabrication
- Tube and Pipe Production
- Waterjet Cutting
Industry Directory
Webcasts
Podcasts
FAB 40
Advertise
Subscribe
Account Login
Search
IFTA supports USTR decision to hold China accountable for illegal subsidies on aluminum
- February 28, 2017
- News Release
- Metals/Materials
In January 2017 the U.S. Trade Representative (USTR) formally requested consultations with China through the World Trade Organization (WTO) concerning China’s illegal aluminum subsidies. The Wauconda, Ill.-based International Fair Trade Alliance (IFTA) commends and congratulates the USTR on this decision.
Aluminum extruders from around the world have fallen prey to the Chinese aluminum extrusion industry’s predatory pricing schemes, largely financed through the Government of China’s (GOC) unfair and illegal subsidies, says IFTA. Several countries have already imposed measures to remedy the negative effects unfairly traded Chinese aluminum extrusions have had on their domestic aluminum extrusion industries. However, extruders in many other countries have not been able to stand against the onslaught of unfairly traded Chinese extrusions. Consequently, extruders in these countries are seeing their industry disappear.
IFTA believes that the primary engine that drives these predatory practices is the directed lending by the GOC at non-market-based rates to Chinese primary aluminum producers that causes capacity and production to expand well beyond global demand. Furthermore, to off-take this massive supply of excess aluminum, the GOC has put in place incentives to convert primary aluminum into extrusions, which then are dumped on the world market at prices well below market. IFTA notes that billions of pounds of aluminum extrusions have been transported to the U.S., Mexico, Malaysia, and Vietnam.
IFTA and its members have publicly asked the GOC and the Chinese aluminum industry to eliminate these unfair and illegal practices. However, to date the GOC has made no attempt to eliminate these practices and address its root excess capacity problems, and instead has chosen to export those problems to the rest of the world.
IFTA members are hopeful that the USTR’s decision will be a productive first step in eliminating these policies.
subscribe now
The Fabricator is North America's leading magazine for the metal forming and fabricating industry. The magazine delivers the news, technical articles, and case histories that enable fabricators to do their jobs more efficiently. The Fabricator has served the industry since 1970.
start your free subscription- Stay connected from anywhere
Easily access valuable industry resources now with full access to the digital edition of The Fabricator.
Easily access valuable industry resources now with full access to the digital edition of The Welder.
Easily access valuable industry resources now with full access to the digital edition of The Tube and Pipe Journal.
Easily access valuable industry resources now with full access to the digital edition of The Fabricator en Español.
- Podcasting
- Podcast:
- The Fabricator Podcast
- Published:
- 04/30/2024
- Running Time:
- 53:00
Seth Feldman of Iowa-based Wertzbaugher Services joins The Fabricator Podcast to offer his take as a Gen Zer...
- Industry Events
Pipe and Tube Conference
- May 21 - 22, 2024
- Omaha, NE
World-Class Roll Forming Workshop
- June 5 - 6, 2024
- Louisville, KY
Advanced Laser Application Workshop
- June 25 - 27, 2024
- Novi, MI
Precision Press Brake Certificate Course
- July 31 - August 1, 2024
- Elgin,