ARLINGTON, VA -- On May 1, the Chinese Ministry of Finance eliminated its 15 percent export duties on aluminum rods and bars (alloy and non-alloyed), and certain primary alloy.
The Aluminum Association believes that the elimination of these export duties is inconsistent with China’s policy to discourage exports of energy-intensive products, a key element of the country’s “new normal” that puts emphasis on sustainable, quality growth. The Association also sees this change as having the potential to encourage unfair trade practices in the aluminum industry.
The Aluminum Association applauded action by the Department of Energy providing a conditional loan of $259 million to Alcoa to support its automotive expansion in Alcoa, TN and the development of advanced vehicle technologies.
Aluminum Association President & CEO Heidi Brock recently highlighted an emerging trend in the U.S. economy - the resurgence of American manufacturing - during the Canadian International Aluminum Conference in Montreal.
As testimony continues on Ohio Senate Bill 294, the aluminum industry is working with Ohio Environmental Protection Agency and key legislative offices to promote environmental protection, good governance and business.
"The U.S. aluminum industry is a great example of an industry providing a positive economic impact while mitigating negative environmental impacts."
Vice President for Environment, Health and Safety Charles Johnson testified before the House of Representative's Energy and Commerce Committee, Subcommittee on Environment and the Economy. The Association's testimony was related to the discussion draft bill entitled "The Increasing Manufacturing Competitiveness through Improved Recycling Act of 2012."
From Heidi Biggs Brock, President of the Aluminum Association
"The aluminum industry is aggressively working to reduce greenhouse gas emissions. The industry has proactively taken steps in recent years to reduce its own carbon footprint by cutting North American perfluorocarbon (PFC) emissions by 85% since 1991. The unique characteristics of aluminum make it the material of choice for many applications developed specifically to improve energy efficiency, from cool metal roofs to light weight automotive parts that reduce the consumption of fuels.