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Capral Limited ( (AU:CAA) ) has issued an update.
Capral Limited has welcomed the Australian Minister’s decision to extend anti-dumping measures on aluminium extrusions imported from China for another five years. This decision, based on the Anti-Dumping Commission’s final report, is seen as a modest but important step towards ensuring fair competition and a stable trading environment for Australian manufacturers. Capral’s CEO, Tony Dragicevich, emphasized the significance of these measures in maintaining a level playing field and expressed the company’s commitment to working with the Anti-Dumping Commission and other manufacturers to enhance the effectiveness of Australia’s anti-dumping system.
The most recent analyst rating on (AU:CAA) stock is a Buy with a A$12.00 price target. To see the full list of analyst forecasts on Capral Limited stock, see the AU:CAA Stock Forecast page.
More about Capral Limited
Capral Limited operates in the aluminium industry, focusing on the production of aluminium extrusions. The company is a key player in the Australian manufacturing sector, aiming to maintain fair trade practices and support the local economy amidst global market challenges.
Average Trading Volume: 17,401
Technical Sentiment Signal: Buy
Current Market Cap: A$179.3M
See more data about CAA stock on TipRanks’ Stock Analysis page.