U.S. industry hurt by some imports of common alloy aluminum sheet -statement

WASHINGTON (Reuters) - U.S.

Reuters April 01, 2021 00:05:55 IST
U.S. industry hurt by some imports of common alloy aluminum sheet -statement

US industry hurt by some imports of common alloy aluminum sheet statement

WASHINGTON (Reuters) - U.S. industry is "materially injured" by imports of common alloy aluminum sheet from 16 countries that are sold in the United States at less than fair value and subsidized by the governments of Bahrain, India and Turkey, the U.S. International Trade Commission said on Wednesday.

The Commerce Department will issue anti-dumping duty orders on the 16 countries and countervailing duty orders on imports of the product from Bahrain, India and Turkey as a result of the USITC determination, USITC said in a statement.

The 16 countries are Bahrain, Brazil, Croatia, Egypt, Germany, India, Indonesia, Italy, Oman, Romania, Serbia, Slovenia, South Africa, Spain, Taiwan and Turkey.

(Reporting by Doina Chiacu; Editing by Chris Reese)

This story has not been edited by Firstpost staff and is generated by auto-feed.

Updated Date:

TAGS:

also read

How Biden's agencies are picking apart Trump's Wall Street-friendly measures
Business

How Biden's agencies are picking apart Trump's Wall Street-friendly measures

(In first paragraph, fixes hyperlink to story) By Katanga Johnson WASHINGTON (Reuters) -U.S.

GM marketing spend will return to normal levels post pandemic
Business

GM marketing spend will return to normal levels post pandemic

By Ben Klayman DETROIT (Reuters) - General Motors Co's marketing and promotional spending will return to normal levels after the COVID-19 pandemic caused that budget to drop last year, the U.S. automaker's top marketing officer said on Monday. "What we went through in the pandemic was certainly severe and we should be moving back up to our normalized levels," GM Chief Marketing Officer Deborah Wahl said in an online appearance at a Reuters Events conference.

White House to zero in on chip shortage in meeting with company officials
Business

White House to zero in on chip shortage in meeting with company officials

By Nandita Bose WASHINGTON (Reuters) - U.S. President Joe Biden will urge Congress to invest $50 billion in semiconductor manufacturing and research when he meets with top executives from nearly 20 major companies on Monday about the global chips shortage that has roiled the automotive industry and technology firms. The push is part of his broader focus on rebuilding U.S