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USDOC issued preliminary CVD ruling against Chinese aluminium wire

8 Apr 2019 17:22 reported by Lemon

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It was reported that the US Department of Commerce (USDOC) has issued a preliminary ruling that Chinese aluminum wire and cable exporters will receive subsidies of up to 164.16%.

Under the decision, the USDOC said it will instruct the U.S. Customs and Border Protection (CBP) to collect cash deposits from Chinese aluminum wire manufacturers.

The US imported around US$157 million of aluminum cables from China in 2017, according to the data from the USDOC.

The final ruling was scheduled to be announced on August 13th, 2019.