Brussels – The European Commission has published definitive anti-dumping duties on imports of new and retreaded truck & bus tires originating in China.
A document, signed off 18 Oct by EC president Jean-Claude Juncker, lists the duties as: Xingyuan Group, 55.07%; Giti Group, 29.56%; Aeolus Group and Pirelli, 37.29%; Hankook Group 23.41%; Other cooperating companies, 32.39%; all other companies, 55.07%.
Further details are included in a table showing the definitive duties in euros per item of product:
Xingyuan Tire Group Co Ltd; Guangao Xinhongyuan Tyre Co. Ltd – €61.76
Giti Tire (Anhui) Co. Ltd; Giti Tire (Fujian) Co. Ltd; Giti Tire (Hualin) Co. Ltd; Giti Tire (Yinchuan) Co. Ltd – €47.96
Aeolus Tyre Co. Ltd; Aeolus Tyre (Taiyuan) Co. Ltd; Qingdao Yellow Sea Rubber Co. Ltd; Pirelli Tyre Co. Ltd – €49.44
Chongqing Hankook Tire Co. Ltd; Jiangsu Hankook Tire Co. Ltd – €42.73
Other cooperating companies – €49.31
All other companies – €61.76
An EU regulation imposing the duties will enter into force on 23 Oct, ERJ understands, and are set to remain in force for the next five years.
The measures are expected to be complemented in the coming weeks by the definitive anti-subsidy regulation.
On 4 May, the EU published a provisional list of dumping margins: Aeolus Group 151.2%; Giti Group, 98,7%; Hankook Group, 80.4%; Xingyuan Group, 166.7%; Other cooperating companies, 110.3%; All other companies, 166.7%.
In its 18 Oct document, the Commission has ruled that it should not backdate the imposition of definitive duties to the start of February – since when Chinese TBR exports have had to be registered within the EU.