Mexico imposes countervailing duties on aluminium foil imports from China

According to a Reuters report, Mexico announced that it would impose countervailing duties on imported aluminium foil from China. The government would levy duties on imports that cost below $3.4817 per kilogram, Mexico’s economy ministry said after an anti-dumping investigation.

The countervailing duty would be $0.17968 per kilo for Hangzhou Five Star Aluminium Co, Ltd, $0.6588 per kilo for Jiangsu Zhongji Lamination Materials Co, Ltd and $1.1634 per kilo for Boxing Ruifeng Aluminium Co, Ltd and other exporters.

Mexico on Thursday said it had concluded a separate anti-dumping investigation on Chinese aluminium pressure cookers and had resolved to impose a duty of 92.64% on such imports.

In May, the Mexican government had imposed a provisional anti-dumping duty on aluminium foil coils imports from China. According to a preliminary ruling announced on May 24, duties were set at $0.17968-1.1634 per kg.

source https://www.alcircle.com/news/mexico-imposes-countervailing-duties-on-aluminium-foil-imports-from-china-49730