EEU Raises Import Tariffs on Aluminum Strips for Cans

　　Eurasian Economic Commission Trade Commissioner Srepnev said on March 5th that the Eurasian Economic Commission decided to increase the import tariff rate of aluminum strip for beverage cans from 10% to 12%, and the implementation period is 2 years.

　　Si said that raising the import tax rate of aluminum strips for cans is aimed at creating a stable environment for the production of aluminum strips in the member states of the Eurasian Economic Union, improving product competitiveness and gradually expanding production capacity. At present, the aluminum strip production enterprises in the member states of the alliance are generally under-operated, and their surplus production capacity can fully meet the demand for products within the alliance.

　　As a big supplier of beverage aluminum strips, Haomei will be influenced by this tariff policy. The aluminum strips used in the cans are different in the aluminum alloys used in the tabs, bottoms, and bodies: the tabs of the cans are commonly used in 5182 aluminum coils; the bottom of the cans are commonly used in aluminum coils of 3004 and 5052, and the can body is 3004. Aluminum cans have the characteristics of good strength, corrosion resistance, good machinability, and high surface finish, which is very suitable for later processing such as slitting and slicing. In addition, aluminum cans have the advantages of light weight, heat resistance, good conductivity, odorless and non-toxic, good printing effect, etc., they can also resist acid and alkali corrosion, are durable, can be recycled, and are economical and environmentally friendly.

Original source: https://www.aluminumstrip24.com/news/aluminum-can-strip-tariff.html

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