The U.S. Department of Commerce is investigating imports of truck and bus tyres from Thailand after the United States International Trade Commission determined that the domestic tyre industry is materially injured by tyre imports sold in the USA at “less than fair value.” The Department of Commerce’s preliminary antidumping duty determination is due on or about 25 March 2024.
On 4 May 2022 the General Court of the European Union annulled Regulation (EU) 2018/683, overturning the regimen of anti-dumping duties imposed upon truck & bus tyres imported from China. The European Commission subsequently partially re-opened its anti-dumping and anti-subsidy investigation, disclosing its findings on 10 January 2023. The Commission has now published details of definitive measures.
Russia and its friends within the Eurasian Economic Union (EAEU) will soon extend the scope of anti-dumping duties applied to truck tyres from China to counter instances of duty avoidance. The EAEU’s Eurasian Economic Commission (EEC) issued an announcement to this effect on 1 February 2023.
On 19 January, the European Commission extended anti-dumping duties on aluminium road wheels from China for a further five years. The extension follows an expiry review investigation, which showed that these wheels continue to be dumped on the EU market and that industry within the European Union would suffer significant harm if the measures were allowed to lapse.
India’s anti-dumping duties on Chinese-made TBR tyres are scheduled to expire this month, but tyre association ATMA requested a review of these on behalf of Apollo Tyres, JK Tyre & Industries and MRF. The Directorate General of Trade Remedies published the results of this Sunset Review on 16 September, recommending the government continue charging duties for a further three years.
South Africa’s International Trade Administration Commission (ITAC) announced in January that it would look at allegations of dumping levelled against importers of tyres from China. This investigation is still ongoing, but opponents warn that if authorities decide to apply duties to these products, the cost of tyres could increase by up to 41 per cent, with price rises for transportation and essential products a knock-on effect.
The United States International Trade Commission (USITC) has determined that passenger vehicle and light truck (PLT) tyres imported from Korea, Taiwan, and Thailand are being sold in the USA at prices that materially injure the local tyre industry. In addition, the U.S. Department of Commerce has determined that Vietnam’s government is subsidising PLT tyres that are then sold in the USA at “less than fair value.”
The USA will continue to apply anti-dumping and countervailing duties to passenger vehicle and light truck (PLT) tyres from China. The U.S. International Trade Commission (USITC) decided against ending the charging of duties, which have applied to these products since 2015, after determining that doing so would “likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time.” Unsurprisingly, the United Steelworkers union applauds the decision.
The 2020 Budget that India is scheduled to present on 1 February is expected to include changes to basic customs or import duty on more than 300 products. Tyres are one of them, and prices for tyres imported into India may soon rise dramatically. In its recommendations to the country’s Ministry of Finance, India’s Commerce and Industry Ministry has proposed increasing customs duty on pneumatic tyres, now 10-15 per cent, to 40 per cent.
When Tyrepress.com published its current ranking of the world’s largest tyre makers several months ago, a new name occupied 9th place – ZC Rubber. With revenues of RMB 26.9 billion (£3.1 billion) in 2018, China’s largest tyre maker had moved up one place from the previous year on the back of 12 per cent year-on-year […]
Sailun Group Co., Ltd. has issued a new timetable for the completion of its project to add capacity for larger rim passenger car and light commercial vehicle tyres at its Dongying factory in China. The self-funded investment to add 15 million units of capacity will now be implemented by December 2020 rather than this year, as originally planned. According to Sailun Group, the level of investment in the project and proposed usage of the funds remains the same.
It’s almost eight months since the European Commission made its final decision regarding anti-dumping duties on new and retreaded truck and bus tyres manufactured in China, and Vipal Rubber is celebrating what it considers an “upturn in the tyre retreading market in Europe.”
Having published its definitive decision on Chinese-produced truck tyre dumping, the European Union has also rejected claims that Pirelli is not related to either China National Tire & Rubber Co., Ltd (CNRC, which is owned by ChemChina) or Aeolus. Therefore, any tyres made by any of the related companies in China have to be subject to comparable import tariffs.
Thanks to an internal document sent to EU member states and national tyre trade associations, we now have a clearer idea about what form the European Commission’s final anti-dumping measures against Chinese truck and bus tyres may take. The Commission favours a system of fixed, per-tyre duties similar to the preliminary duties introduced in May; the silver lining for Chinese tyre makers is that it has recommended these duties be reduced.