Aluminum Makers Heavy on China Criticism, Lack Consensus on Fix
- Producers of lightweight metal testify before U.S. trade panel
- ‘Negotiated resolution’ would be best outcome: metal trader
This article is for subscribers only.
U.S. aluminum producers are clear that China is largely to blame for their woes. What they lack is consensus on what to do about it.
Alcoa Inc., the biggest U.S. producer, Century Aluminum Co., Novelis Inc. and other producers testified Thursday in front of the U.S. International Trade Commission. Several speakers said that China is subsidizing its companies with tax breaks and loans, hurting U.S. makers of primary aluminum and downstream products.