European Commission imposes provisional tariffs on China’s aluminum rolled productsReuters reports, citing the official gazette of the European Union (EU) on Monday.
This occurs after an initial investigation found that Chinese goods were being sold on the block at artificially low prices.
Additional details:
“The European Commission has established tariffs between 19.3% and 46.7%“.
“The anti-dumping duties, which take effect on Tuesday, will be applied while the investigation continues.. It is expected to conclude in October, when rates can be set for five years ”.
“The investigation was launched after a complaint from the European Aluminum trade association, whose members include Norsk Hydro and Elvalhalcor.”
.
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.