SOURCE: The Aluminum Association
January 12, 2017 10:16 ET
ARLINGTON, VA--(Marketwired - January 12, 2017) - Aluminum Association President & CEO Heidi Brock responded today to action by the U.S. Trade Representative (USTR) at the World Trade Organization (WTO) regarding Chinese subsidies for primary aluminum production.
"The Aluminum Association will review in detail the consultation request filed by the United States at the World Trade Organization today. We will assess the impacts of this action across the full value chain and continue to believe that a negotiated agreement between the U.S. and Chinese governments is needed to address the fundamental issue of aluminum overcapacity in China. Overcapacity is damaging to all segments of the domestic aluminum industry -- upstream, midstream and downstream -- and it is critical to assess the potential impact of any trade action on all aluminum producers. The Aluminum Association looks forward to working with the incoming Administration to help us create a level playing field for the entire industry."
About the Aluminum Association
The Aluminum Association represents U.S. and foreign-based companies and their suppliers throughout the value chain, from primary production to value added products to recycling. The Association is the industry's leading voice, providing global standards, business intelligence, sustainability research and industry expertise to member companies, policymakers and the general public. The aluminum industry helps manufacturers produce sustainable and innovative products, including more fuel efficient vehicles, recyclable packaging, greener buildings and modern electronics. In the U.S., the aluminum industry creates $186 billion in economic activity. For more information visit www.Aluminum.org, on Twitter @AluminumNews or at Facebook.com/AluminumAssociation.
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