Foundry Industry Association Should Play a Role

In China's foreign trade, the most frequently occurring and most influential trade frictions are dumping and anti-dumping frictions. Products that are deemed to be dumping are subject to high anti-dumping duties at the time of export. China's foreign trade activities in cast products have been levied anti-dumping duties on many occasions. Anti-dumping duties will have a great impact on related companies and the foundry industry. Once a cast product is subject to high anti-dumping duties, the profits of the foundry will fall sharply. Casting products will lose their price advantage, and the competitiveness of China's foundry will decline accordingly; at the same time, the company's reputation will be damaged, which will become obstacles to the development of China's foundry companies and the foundry industry.

Foundry Industry Association, as the leading organization of the entire foundry industry, is a service organization for the foundry industry and has the obligation to help foundries avoid or reduce the trauma of trade friction. Therefore, casting industry associations should fully play their role in reducing trade frictions, especially high anti-dumping duties, which will cause trauma to the foundry industry in China. It is recommended that the foundry industry association establish a regular information release system to help foundry companies to grasp the export situation, adjust their business strategies, avoid the anti-dumping sanctions imposed on export destinations, thereby ensuring smooth export channels for China's foundry products, protecting China's foundry industry and making it prosperous. growing up.