India mulls extending anti-dumping duties on Chinese tires
23/05/2022 09:03
The Indian government has launched a sunset review of anti-dumping duties on new tires from China.
The duties, initially imposed in 2017, cover imports of new or unused pneumatic radial tires with or without tubes and/or flap of rubber (including tubeless tires) having nominal rim diameter code above 16 inches used for trucks and buses.
In an announcement 20 May, India’s Directorate General of Trade Remedies (DGTR) said the review was being carried out upon a petition by the local Automotive Tyre Manufacturer's Association (ATMA).
In its statement DGTR said there continued to be “significant” dumping margin for the Chinese products despite the anti-dumping duty in force.
“Moreover, there is prima facie evidence of the excess capacities in the subject country, the potential trade diversion and the price attractiveness of the Indian market.
“It is noted that there is prima facie likelihood of continuation/recurrence of the dumping and the injury to the domestic injury,” it said.
Companies named as interested parties included: Qingdao Doublestar Tire Industrial, Doublestar International Trading, Shandong Youngfeng Tyres and Pioneer Trading Corp.
Imposed in August 2017, the anti-dumping measures included duties ranging from $277/tonne - $452/tonne.
Among other manufacturers, Shandong Yinbao Tyre Group Co., Ltd; Shandong Yinbao Tyre Group Co., Ltd; Aeolus Tyre Co., Ltd; Qingdao Yellow Sea Rubber Co., Ltd; and Shandong Hengfeng Rubber & Plastic Co., Ltd, were subject to tariffs.
Source: European Rubber Journal
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