ALUMINIUM VEHICLE WHEELS FROM CHINA TO BE HIT BY STEEP ANTI-DUMPING DUTIES
October 1st, 2010
BY KEITH NUTHALL
THE EUROPEAN Commission has proposed imposing stiff 22.3% definitive anti-dumping duties on imports into the European Union (EU) of Chinese-made aluminium road wheels for motor vehicles.
This tariff threatens to choke off a cheap and plentiful supply of wheels to EU automobile manufacturers, consuming large amounts of Chinese aluminium. Chinese exports of the product boomed from July to June 2008-9 - when they hit 1.18 million (sold to original equipment manufacturers), up from 508,000 in 2008 and 476,000 in 2007. As regards sales to the ...
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