CAIRO — In statements to Al-Monitor, Walid Gamal el-Din, chairman of Egypt’s Export Council for Building Materials, revealed the possibility of imposing dumping duties on Egyptian aluminum exports to the United States.
Gamal el-Din said over the phone that the US government started its investigation into the dumping of aluminum in US markets from several countries, including Egypt. He expects the results to exonerate Egypt since the latter does not export large quantities of aluminum to the United States, whereas other countries dump the US market.
On March 31, Reuters reported that the US Department of Commerce launched trade probes into imports of common alloy aluminum sheets from 18 countries, including Germany, Oman and Bahrain.
“The department said it will look into whether the 18 countries were unfairly dumping the products in the US market,” Reuters added. “If the department finds aluminium sheet imports from any of the countries are unfairly dumped or subsidized, and a separate trade panel finds that domestic producers are being injured, the United States would place tariffs on the products.”
AL-MONITOR All-Access gives you unlimited access to all our journalism, the full Daily Briefing, exclusive interviews, premium newsletters, and live events — for less than $2/week.