American Primary Aluminum Association Strongly Supports Continuation Of Section 232 Aluminum Program
Washington, DC, Oct. 05, 2021 (GLOBE NEWSWIRE) – The American Primary Aluminum Association (APAA), whose members represent the vast majority of U.S. primary aluminum production and employ thousands of U.S. aluminum workers , are strongly in favor of maintaining the Aluminum Program Section 232. Contrary to the assertions of associations representing foreign producers, the national primary aluminum industry supports a well-designed tariff quota (TRQ) for the European Union in order to preserve the effectiveness of the Section 232 program. These common sense tariffs have saved the US primary aluminum industry and are allowing the domestic industry to rebuild itself, which is essential to the national and economic security of the United States. United.
Prior to the implementation of the Section 232 program, all US primary aluminum smelters had to shut down due to collapsing prices due to the global overcapacity crisis. As a result of the Section 232 program, U.S. primary aluminum stabilized and began the long process of rebuilding what was lost for decades from the devastating effects of global excess capacity.
Now, American producers are convinced that their investments are viable. Our members continue to increase domestic aluminum production, with expansion and hiring programs active across the United States, including places like Goose Creek, South Carolina, Hawesville, Kentucky and New Madrid. , Missouri. The reinvestment in the US primary aluminum industry is just beginning.
Calls from foreign trade groups seeking to gradually reduce the tariff are only aimed at benefiting their affiliated semi-finished European production rather than rebuilding better by investing in US manufacturing and US jobs along the value chain. .
The domestic primary aluminum industry supports a well-designed tariff rate quota (TRQ) for the European Union to preserve the effectiveness of the Section 232 program and does not support a gradual reduction in the tariff. The Section 232 program continues to stimulate investment, expansion and new job creation in the US aluminum industry, both upstream and downstream. The program should remain in place to allow this critical US industry to continue to recover as we rebuild better.
About the American Primary Aluminum Association:
The American Primary Aluminum Association represents the interests of the American primary aluminum industry and its workers through the Aluminum Now campaign. The APAA is registered and incorporated in Washington, DC and operates as a not-for-profit trade association. For more information, please visit: www.aluminiumnow.org
CONTACT: William Burdulis American Primary Aluminum Association 2153847329 [email protected] Mark Duffy American Primary Aluminum Association [email protected]