Aluminum Association Commends US & China Commitment to Address Aluminum Overcapacity
ARLINGTON, VA., – The Aluminum Association expressed appreciation for the United States and Chinese Governments’ joint commitment to address aluminum overcapacity during their bilateral meeting on the margins of the recent G-20 meeting in Hangzhou, China. A statement following the talks included a commitment for the countries to “work together to address the global electrolytic aluminum excess capacity.”
“The ongoing issue of overcapacity is bad for U.S. and Chinese producers -- it is imperative that our two countries continue to work together to find solutions,” said Heidi Brock, President & CEO of the Aluminum Association. “We appreciate the continued efforts at the most senior levels of the U.S. government to pursue a bilateral agreement on overcapacity. While this is a positive step forward much work remains to be done.”
About The Aluminum Association
The Aluminum Association represents U.S. and foreign-based companies and their suppliers throughout the value chain, from primary production to value added products to recycling. The Association is the industry’s leading voice, providing global standards, business intelligence, sustainability research and industry expertise to member companies, policymakers and the general public. The aluminum industry helps manufacturers produce sustainable and innovative products, including more fuel efficient vehicles, recyclable packaging, greener buildings and modern electronics. In the U.S., the aluminum industry creates $186 billion in economic activity. For more information visit www.Aluminum.org, on Twitter @AluminumNews or at Facebook.com/AluminumAssociation.