Australia stops anti-subsidy investigation into aluminium extrusions
VOV.VN - Australian Department of Industry, Innovation and Science’s Anti-Dumping Commission (ADC) has announced to stop countervailing duty investigations into aluminium extrusions imported from Vietnam.
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Thus, the commission won’t give any recommendations on countervailing duties in its final report submitted to the Secretary of Industry, Innovation and Science.
Earlier in August 2016, the ADC initiated the investigation after Capral Limited, an aluminium extruder in Australia filed an application regarding unfair dumping. The application alleged that subsidized aluminium products from Vietnam and Malaysia which were exported to Australia at a cheaper rate affected the domestic market and caused material injury to the Australian aluminium extrusion manufacturers.
Accordingly, the period subject to investigation was between July 1, 2015 and June 30, 2016 and the loss analysis was conducted for the period from July 1, 2012.
