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India Declines Unwrought Aluminum Safeguards

Thursday, Dec 15, 2016

An Indian government body has decided against imposing safeguards on imports of aluminum products citing lack of evidence over imports hurting profitability of domestic industry.

The Directorate General of Safeguards, which is a part of India’s finance ministry, said imports had come down while production and sale of unwrought aluminum that is extracted from primary metal or scrap, had gone up.

The choice of Perry adds to the list of oil-drilling advocates skeptical about climate change who Trump has picked for senior positions in his Cabinet, worrying environmentalists but cheering an industry eager for expansion.

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