Zhengzhou Golden Foil Aluminium Industry Co., Ltd
Tel：86-371-56500807
Fax：86-371-56587312
Website：http://www.photo1002.com
Add：Plaza A of Shenglong, Hi-tech zone, Zhengzhou City, Henan, China.
The review investigation started was terminated as the applicants, including, sought end of the probe.
The Directorate General of Safeguard in the Revenue Department said the investigation has become "infructuous" upon request for withdrawal of the probe application.
The government had imposed safeguard duty of 12-14 per cent on aluminium flat rolled products and at 25-30 per cent on aluminium foil for two-years .
However in February, the domestic industry moved the Directorate seeking review for continued imposition of the duty for another two-years saying the imports were causing 'market disruption'.
In the application, the industry said the expiry of safeguard duty would cause damage to the domestic industry and also submitted evidences of continued imports and threat to market disruption in support of their claim.
The aluminium flat rolled products and aluminium foil import from China increased by 28.87 per cent and 28.36 per cent even during the period of imposition of safeguard duty.
A country imposes safeguard duty to give temporary relief to domestic producers while they adjust to the pricing tactics of competitive foreign players.