Tire makers’ production cuts counter to seasonal norms – ICIS

ERJ staff report (BC)

Sutton, UK – Rather than ramping up as is normal in the spring season, tire makers are ramping down production amid a world-wide slump in tire demand, comments Mark Yost of ICIS.

One manufacturer is quoted as saying that it is sporadically shutting down one of its US production lines for “inventory control.” Another source said, “I won’t use the phrase ‘cautiously optimistic’ because I don’t believe we know what that means anymore.”

Market sources are quoted as saying that SBR is expected to…

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