WASHINGTON: The US Commerce Department said on Thursday it would defer issuing its preliminary determination in an anti-dumping duty probe into imports of aluminum foil from China.
The department said in a statement the delay would allow it 鈥渢o fully analyze information pertaining to China鈥檚 status as a non-market economy (NME) country.鈥�
US aluminum foil producers have filed petitions with the US government accusing Chinese manufacturers of dumping the product in the United States. In 2016, imports of aluminum foil from China were valued at an estimated $389 million, department figures show.
In August, US Commerce imposed preliminary anti-subsidy duties of about 17 percent to 81 percent on aluminum foil imported from China.
The Aluminum Association, a US industry lobby group which filed the suit, was disappointed by the delay, but remained confident in the strength of its case, President and Chief Executive Officer Heidi Brock said in a statement.
When it opened the probe in late March, the Commerce Department said it was also launching a review of whether China should be treated as a market economy country, a designation that would effectively limit the calculation of anti-dumping duties on Chinese-made goods.
The terms of China鈥檚 accession to the World Trade Organization in 2001 allowed other WTO members to use a third country鈥檚 prices to assess whether Chinese goods were being sold below cost or fair market value.
That clause expired last December and China has called on the United States and the European Union to drop their use of such surrogate pricing, which has led to higher US anti-dumping duties on imported Chinese goods.
鈥淚n all cases, the Department conducts a full and fair assessment of the facts,鈥� Commerce Secretary Wilbur Ross said in a statement. 鈥淭his extension will ensure that the highest standards are followed in this case as we seek to guarantee fair treatment for US workers and businesses.鈥�
Commerce said it would issue its preliminary determination in the aluminum foil case 鈥� along with a decision on China鈥檚 non-market economy status 鈥� by Nov. 30. A final duty determination is expected 75 days later.
The postponement comes after data last month showed China鈥檚 exports of semi-finished aluminum goods, including foil, fell for a third straight month as manufacturers struggled to find alternative markets.