China鈥檚 aluminum makers say tariffs won鈥檛 deter overseas growth

Chinese aluminum producers are on track to expand overseas capacity, saying they remain unfazed by the uncertainties caused by US President Donald Trump鈥檚 attempts to reorder global trade.
The world鈥檚 largest aluminum exporters also played down the impact of US tariffs on their outbound shipments, citing robust demand for Chinese metal from other markets.
鈥淲e will stick to expansions overseas鈥 due to 鈥渂ig pressure鈥 on domestic capacity, said Weixin Chen, secretary of Jiangsu Dingsheng New Materials Co., which already has production bases in Thailand and Europe. She spoke at a conference in Suzhou in the eastern province of Jiangsu on Wednesday.
As they battle oversupply at home, Chinese aluminum fabricators, which dominate global capacity, have faced complaints from foreign competitors that say they鈥檙e flooding the market. Trump has imposed blanket 25% tariffs on all imports of the metal, along with steel, saying they harm US manufacturing.
But China鈥檚 producers are 鈥渘umb to tariffs,鈥 said He Zhigang, deputy general manager of Henan Mingtai Al. Industrial Co., citing years of trade restrictions imposed by Western countries. He added demand for the metal produced in China remains strong due to its competitiveness. 鈥淚t just need a bit time to overcome this round of anti-dumping from the US,鈥 He said at the industry conference.
Still, China鈥檚 aluminum exports fell this year following the removal of a tax rebate, which had helped fuel a decades-long boom in outbound shipments. Exports fell more than 7% in the first three months to 1.37 million tons.
Read More: China鈥檚 export tax bombshell rocks aluminum market
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