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EU slaps tariffs on China aluminium products
by AFP Staff Writers
Brussels (AFP) April 12, 2021

The EU on Monday slapped tariffs on certain aluminium imports from China that Brussels said were sold at artificially low prices in Europe.

The provisional tariffs came after complaints by European aluminium producers that said cheap chinese imports were putting them out of business.

The tariffs were decided after an investigation by the European Commission, which handles trade matters for the bloc's 27 member states and were announced in the EU's official journal.

China is widely accused of maintaining overcapacity in the state-backed steel and aluminium sector, which has provoked a wave of tit-for-tat tariff decisions over the past decade.

In the meantime, efforts to negotiate a global solution to stop Chinese overproduction in metals have failed and the US Trump administration sparked a trade war with China in 2018 over the issue.

The new tariffs will range between 19.3 percent and 46.7 percent and affect flat-rolled aluminium products.

The EU will continue its probe at the conclusion of which the provisional tariffs could be made definitive, lasting five years.

"We are grateful the Commission is taking the necessary steps to protect our industry against unfair competition," said Gerd Goetz, director general of European Aluminium, the association behind the complaint.

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Less than a nanometer thick, stronger and more versatile than steel
Lemont IL (SPX) Apr 06, 2021
Scientists create stable nanosheets containing boron and hydrogen atoms with potential applications in nanoelectronics and quantum information technology. What's thinner than thin? One answer is two-dimensional materials - exotic materials of science with length and width but only one or two atoms in thickness. They offer the possibility of unprecedented boosts in device performance for electronic devices, solar cells, batteries and medical equipment. In collaboration with Northwestern Unive ... read more

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