“The association and its member companies that produce common alloy aluminum sheet are very pleased with this finding that again underscores the Commerce Department’s commitment to combatting unfair trade,” said Heidi Brock, President and CEO of the Aluminum Association. “For too long, the Government of China has been unfairly and illegally subsidizing its aluminum industry, leading to massive market overcapacity and challenging producers across the value chain. Today’s action by the Commerce Department is exactly the kind of strong, targeted trade enforcement we need in support of the rules-based global trading system.”
Overall, the U.S. aluminum industry supports 162,000 direct jobs and nearly 700,000 jobs when indirect and induced impacts are considered. Further, the industry creates $71 billion in direct economic impact and $174 billion in total impact, around one percent of U.S. GDP. The industry has been operating in a challenging environment for a number of years largely as a consequence of Chinese overcapacity distorting the marketplace.