Sunset review determines injury to domestic industry due to low-cost imports, high production cost
Brussels – The European Commission has extended antidumping and countervailing duties on the imports of truck & bus tries originating in China.
Effective 15 Jan, the new antidumping duties range from €0 to €35.75 per tire while the countervailing duties range between €3.75 and €57.28 per tire, the EC recorded in the official journal of the EU.
The Commission initiated the sunset review of both duties upon a petition by the 'Coalition against unfair tires imports', with the period of investigation (POI) covering 1 July 2022 to 30 June 2023.
During the POI, said the EC, imports of product under review from China continued albeit at lower levels than in the original POI in 2016- 2017.
Citing Eurostat data, the review said Chinese truck tire imports accounted for 5.4% of the EU market compared to a 21.3% market-share during the original investigation.
The EC probe confirmed that the imports had caused material injury to the domestic industry, adding that the duties would help restore “a level playing field” for local producers.
For antidumping measures, the Commission concluded that there was “a likelihood” that the expiry of the measures would result in “a significant increase of dumped imports” from China due mainly to a large spare capacity in the country.
For antisubsidy duties, the Commission said the EU industry lost its market share to imports from other countries, notably Thailand, Vietnam, Türkiye and also China.
The deterioration of local industry’s market-share was partly attributable to the increase of Chinese and other low-cost imports as well as increased costs following the Russian war on Ukraine.
Antidumping duty rates, effective 15 Jan
Country of origin
Company
Anti-dumping duty
China
Xingyuan Tire Group Co. Ltd; Guangrao Xinhongyuan Tyre Co., Ltd
€4.48
China
GITI Radial Tire (Anhui) Company Ltd.; GITI Tire (Fujian) Company Ltd.; GITI Tire (Hualin) Company Ltd.; GITI Tire (Yinchuan) Company Ltd.