The body within India’s Department of Commerce established to investigate unfair trade practices has recommended the introduction of anti-dumping duties on certain tyres imported from China. In the recently published findings of its report into truck and bus tyres with rim diameters above 16-inches that originate in or are exported from the People’s Republic, the Directorate General of Anti-Dumping (DGAD) states it is “of the view that imposition of definitive anti-dumping duty is necessary to offset dumping and injury.”
The European Commission has chosen to maintain the 22.3 per cent anti-dumping duty applied to aluminium wheels imported from the Peoples’ Republic of China, a decision that has been criticised by Chinese authorities.
On 4 January 2017The US Department of Commerce (DOC) made final determinations in the countervailing duty investigations of imported off-the-road (OTR) tyres from India and Sri Lanka. In the India countervailing duty investigation, the DOC calculated a final subsidy rate of 5.36 per cent for mandatory respondent Balkrishna Industries and a final subsidy rate of 4.9 per cent for mandatory respondent ATC Tires. The government agency established a subsidy rate of 5.06 per cent for all other producers/exporters in India. In the Sri Lanka countervailing duty investigation, the DOC calculated a final subsidy rate of 2.18 per cent for mandatory respondent Camso Loadstar and for all other producers/exporters in Sri Lanka.
The association representing the interests of four tyre majors in South Africa would like to see anti-dumping duties imposed on cheap tyres entering the country. The South African Tyre Manufacturers Conference (SATMC), which acts as the ‘generic face’ of Bridgestone, Continental, Goodyear and Sumitomo in their dealings with government, the motor industry and the public, intends to petition the International Trade Administration Commission of South Africa (ITAC) for protection against these imports.
Antidumping duties of up to 87.99 per cent will be levied on passenger car and light truck tyres imported from China into the United States, the US Department of Commerce determined yesterday. Its preliminary determination was based on findings that some imports of passenger car and light truck tyres from China were sold in the US at dumping margins ranging from 19.17 per cent to 87.99 per cent.
A dozen tyre manufacturers in India have agreed to acquire domestically-sourced natural rubber at a price 25 per cent above that set in Bangkok. This arrangement was decided upon at a meeting on 18 December in the city of Thiruvananthapuram with Oommen Chandy, chief minister of India’s Kerala state. It was agreed that India’s Rubber Board will calculate the going price for rubber each day; this will be based on the international, Bangkok price, with an additional 20 per cent customs duty and five per cent purchase tax added to the international price. The chief minister’s office reports that the new pricing takes effect today and is valid until the end of March 2015.
Eleven years of Chinese government anti-dumping duties on imports of styrene butadiene rubber (SBR) from Russia, Japan and South Korea ended on 8 September, the country’s Ministry of Commerce reports. The products had attracted duties of four to 38 per cent, however the ministry decided to remove them as these imports were deemed no longer a threat to China’s domestic tyre and rubber industry.
The organisation representing India’s tyre makers has petitioned the country’s Finance Ministry to review its regional trade agreements and the duties charged under them. In a memorandum, the Automotive Tyre Manufacturers’ Association reiterated its long-standing claim that domestic manufacturers are being harmed by a double whammy of cheap, imported tyres and heavily-taxed raw material imports.