ANNOUNCEMENT FOR FINAL DECISION OF ANTIDUMPING INVESTIGATION IN THE US
The company under the trade name “ELVALHALCOR HELLENIC COPPER AND ALUMINIUM INDUSTRY S.A.” (hereinafter referred to as “ELVALHALCOR”) announces to the investors, pursuant to Article 17 paragraph 1 of Regulation (EU) 596/2014 of the European Parliament and the Council of 16th April 2014 and Article 2 paragraph 2 section (i) of the decision issued by the Board of Directors of the Capital Market Commission number 3/347/12.07.2015 and further to the press release dated October 9th 2020 (link), that on March 2nd 2021 the US Department of Commerce (DoC) issued its final determinations in the antidumping duty investigation concerning imports of common alloy aluminium sheet from 18 countries, including Greece, as well as Bahrain, Brazil, Croatia, Egypt, Germany, India, Indonesia, Italy, Korea, Oman, Romania, Serbia, Slovenia, South Africa, Spain, Taiwan and Turkey.
In the case of Greece, the DoC calculated a final dumping margin of 0%, for imports from ELVALHALCOR.
Following issuance of the final determination by the DoC, the investigation concerning ELVALHALCOR′s imports is terminated without imposition of an antidumping duty and the US International Trade Commission (ITC) will not make an injury determination with respect to imports from Greece.
ELVALHALCOR is always committed to conducting its business activities in accordance with fair trade principles and will continue to support its customers in the US market, as one of the leading producers of flat rolled aluminium products, worldwide.
ElvalHalcor is a leading global industrial producer of aluminium and copper products. The Company was formed in December 2017 via the merger of ELVAL and HALCOR. ElvalHalcor currently holds a leading position in Europe in the copper tubes sector, while also having established its leading position within the global aluminum rolling industry. The Company has over 80 years of experience and know-how, a strong production base across 15 state-of-the-art production plants and a market presence in over 100 countries. ElvalHalcor offers sustainable solutions and products in dynamically developing markets such as packaging, transportation, building and construction, heating, cooling and air conditioning and RES. ElvalHalcor′s growth focuses on investing in technology and sustainable development, thereby creating value for its stakeholders. For more information about the Company, please visit the website www.elvalhalcor.com
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