Current report: Communique referring to: - anti-dumping tariffs claim

Mon, 10/12/2020 - 14:08

 The Company announces the investors and the interested public that, regarding the petition for establishing antidumping tariffs for certain aluminium products originated from 18 countries, including Romania, received by the US Department of Commerce, the preliminary determination of the Department of Commerce is to impose antidumping tariffs against the targeted producers in a range between 1.24 % and 352.71 % .

The petition is filled by the US Aluminium Association and is concerning the aluminium sheets between 0.2 mm and 6.3 mm, made from common alloys (1xxx, 3xxx and 5xxx series).

In case of the sheets of Romanian origin, produced by Alro S.A., the preliminary antidumping tariff, determined by the US Department of Commerce and applicable immediately, is of 83.94%.

The Company is continuing to consider considered the petition as unfounded and the calculations which are behind it as erroneous and intends to vigorously defend its position in front of the American authorities involved.

The Company is informing that the tariffs will not be imposed retroactively and that it is working to mitigate any adverse impact that it might face if the petition is adversely determined.

We will continue to inform constantly the investors and the public about the development of the events related to this antidumping petition.