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.
The European Union has made its conclusive statement on the introduction of anti-dumping tariffs on truck and bus tyres and retreads manufactured in China. As previously announced, the EU will impose fixed rate anti-dumping duties on the products, with the final regulation 2018/1579 implemented from 23 October. This ends speculation that percentage rates could be applied. In fact, the EU has revised tariff levels up, almost across the board.
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.
It’s now more than two months since the European Union applied anti-dumping duties on a range of truck and bus tyres manufactured in China, and during this time Bridgestone has observed a “strong uplift in demand” within the UK retreading industry. With the market “showing signs of a significant upturn in fortunes,” the company behind the Bandag retreading brand believes a “continued investment in its range of products is beginning to reap dividends.”
Aeolus Tyre Co., Ltd. has emphasised its continued commitment to European markets. In a statement, the Chinese tyre maker describes its progress with the Aeolus brand within Europe as a “remarkable” achievement and stresses that the “unique position” it has claimed within the market will continue despite the introduction of anti-dumping duties. To facilitate this, some Aeolus tyre production will be relocated outside of China.
Even though Hankook Tire is now – as are many within the tyre industry – making final preparations for next week’s The Tire Cologne, the tyre maker is already getting ready for the 2018 IAA Commercial Vehicles fair. Offering a sneak preview of what we can expect to see this September, it shares that the show in Hannover, Germany will host the world premiere of a new Hankook mixed on- and off-road tyre line-up that includes steer, drive and trailer axle fitments. Hankook Tire also intends to announce further growth in its business with truck OEMs.
Although Pirelli Tyre Co, Ltd. is named as a company whose products (together with those from Aeolus Tyre Co., Ltd., Chonche Auto Double Happiness Tyre Corp., Ltd. and Qingdao Yellow Sea Rubber Co., Ltd.) will be charged anti-dumping duties of 64.13 euros per tyre under anti-dumping Regulation (EU) 2018/683, the tyre maker states it is not affected by the new regulation as it doesn’t produce commercial vehicle tyres.
As of tomorrow (8 May 2018), the European Union will apply anti-dumping duties to certain Chinese-made truck and bus tyres entering the European Union.
The European Commission has issued notice that it will initiate an anti-dumping proceeding focusing on imports of truck and bus tyres originating in the People’s Republic of China. The Commission is taking this course of action as a result of a complaint received on 30 June by the “coalition against unfair tyres imports,” a group representing the interests of manufacturers who account for more than 45 per cent of all new and retreaded truck and bus tyre production in the European Union.
Days after India’s Directorate General of Anti-Dumping published its final findings into truck and bus tyres imported from China and recommended the introduction of anti-dumping duties for certain products, the chairman and managing director of the country’s largest domestic producer of truck and bus radials supported the measure with comments of his own. During his speech at JK Tyre & Industries Ltd’s annual general meeting on 4 August, Dr Raghupati Singhania declared it is “high time” India’s government undertook such a step.
Days after India’s Directorate General of Anti-Dumping published its final findings into truck and bus tyres imported from China and recommended the introduction of anti-dumping duties for certain products, the chairman and managing director of the country’s largest domestic producer of truck and bus radials supported the measure with comments of his own. During his speech at JK Tyre & Industries Ltd’s annual general meeting on 4 August, Dr Raghupati Singhania declared it is “high time” India’s government undertook such a step.
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.
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