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INDUSTRY news


World Trade Organization Ruling Will Enforce Ban on Chinese Export Taxes A World Trade Organization


(WTO) appellate body has upheld a ban on Chinese export duties for certain raw materials, including a variety of resources used in the metalcasting process. T e raw materials subject to the


export restraints are various forms of bauxite, coke, fl uorspar, magnesium, manganese, silicon carbide, silicon metal, yellow phosphorus and zinc. China is a leading producer of each of the raw materials. T e ruling is in response to a


Confl icting reports have surfaced about how the ruling will affect rare earth metals, a critical material in cast iron refi nement.


complaint regarding China’s export practices initially lodged almost three years ago. During the summer of 2009, the U.S. and several other countries argued the use of export restraints by China creates scarcity and causes higher raw materials prices in global markets. T e complainants said the restraints also provide Chinese domestic industry with an advantage by way of a suffi cient supply and lower and more stable prices. According to a summary report of its decision, WTO sided with the complainant countries and China must bring its export duty and export quota measures into conformity with its obligations to the organization. “Upon its accession to the WTO, China undertook to eliminate all export duties, except for a number of products listed in an Annex to its Protocol of Accession,” WTO said in its report. “In this protocol, China also committed not to apply export quotas (restrictions on the amount that can be exported).” Confl icting reports have been


released in the wake of the ruling regarding the eff ect the decision will have on other Chinese export materials, such as rare earth elements. 


Quality Certifi cations T e following metalcasting


organization has passed a recent certifi cation audit:


Buck Co. Inc., Quarryville, Pa., (ISO 9001:2008). 


14 | METAL CASTING DESIGN & PURCHASING | Mar/Apr 2012


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