US Anti-dumping, Anti-subsidy Probe Forces Sailu Jinyu Replanning Output Capacity

Sailun Jinyu Group Co., Ltd. reported on Oct. 26 the progress of the US’s anti-dumping and anti-subsidy proceeding against off-the-road tires imported from China.

According to the report, the US tire company Titan International Inc. and the United Steelworkers Union jointly submitted an appeal to the US Department of Commerce and the International Trade Commission in June 2007, asking them to launch anti-dumping and anti-subsidy probe against specific new inflated off-the-road tires made in China.

In Sept. 2008, the US DoC announced to impose the anti-dumping and anti-subsidy taxes.

In January 2014, the US ITC made the sun-set review ruling, continuing to impose anti-dumping and anti-subsidy taxes on off-the-road tires from China.

On the US time Oct. 6, 2016, the US DoC announced the 7th preliminary ruling on anti-dumping and anti-subsidy administrative review concerning the off-the-road tires from China.

Before the announcement of the preliminary ruling, the anti-dumping tax rate and the anti-subsidy tax rate applied to Sailun Jinyu’s tires were 210.48% and 5.65%, respectively.

In the latest preliminary ruling, as one of the enterprises that enjoy separate rates, the tax rate applied to it was 33.58%.

But the preliminary ruling on anti-dumping and anti-subsidy administrative review doesn’t take effect immediately; the final rates of the administrative review will be effective.

According to Sailun Jinyu, it will make rational arrangement on the capacity deployment of its off-the-road tires home and abroad according to the result of the final ruling and to the orders, in a bid to meet customers’ demand and enhance its competitiveness further.