Shandong helps tire companies affected by US anti-dumping probe
11 Nov 2014
Share:
Shandong, China - The department of commerce of Shandong province has been offering training programmes since August to local companies involved in the US anti-dumping and countervailing probe on Chinese tires, according to Fang Xiaojie, head of fair trade division of the department.
"There's not much we can do, but we've been getting them familiar with US regulations and letting them know what US law firms are good in this area and they can choose from," said Fang
In October, Qingdao Sailun and Cooper Chengshan, two tire companies based in Shandong, China, were added as mandatory respondents in the investigation.
According to an announcement of Sailun in August, the company is not expecting a severe impact from the probe. During the period from 2011 to the first quarter of 2014, only 10 percent of the company's revenue came from sales of steel-belted tires to the US market.
Also, in 2012, Sailun set up a subsidiary in Vietnam with planned capacity of 7.8 million/year steel belted radial tires and 15kt/year all-steel engineering tires.
"An important reason for [setting up the subsidiary] is to avoid tariff barriers from Europe and the U.S.," said the Sailun announcement.
"We are also trying to make the companies fully understand the importance of this investigation," Fang said. "Their responses would affect the whole industry."
"We've been doing the best we can, but based on the current situation the results are not looking good," he added.
This article is only available to subscribers - subscribe today
Subscribe for unlimited access. A subscription to European Rubber Journal includes:
Every issue of European Rubber Journal (6 issues) including Special Reports & Maps.
Unlimited access to ERJ articles online
Daily email newsletter – the latest news direct to your inbox