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EU joins WTO consultation on Chinese aluminium subsidies - European Aluminium reacts
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Today the EU officially requested to join the WTO consultation launched by the US on Chinese subsidies to producers of primary aluminium.
Gerd Götz, Director General of European Aluminium, reacts to this announcement:
“The European aluminium industry welcomes the EU’s decision to join the WTO case launched by the US on Chinese subsidies. China’s subsidies have a detrimental effect on the global aluminium industry as they enable aluminium overcapacity – both primary and semi-fabrication – and depress global prices. With Japan, Canada and Russia also participating in this roundtable discussion, European Aluminium hopes WTO partners will reach an acceptable negotiated solution to the complex issue of subsidies and imbalanced market conditions.”
For further information, please contact:
Ani Deal / communications@european-aluminium.eu / +32 2 775 63 76
About European Aluminium
European Aluminium, founded in 1981 and based in Brussels, is the voice of the aluminium industry in Europe. We actively engage with decision makers and the wider stakeholder community to promote the outstanding properties of aluminium, secure growth and optimise the contribution our metal can make to meeting Europe’s sustainability challenges. Our 80+ members include primary aluminium producers; downstream manufacturers of extruded, rolled and cast aluminium; producers of recycled aluminium and national aluminium associations are representing more than 600 plants in 30 European countries. Aluminium products are used in a wide range of markets, including automotive, transport, high-tech engineering, building, construction and packaging.