“The 12th China International Rubber Technology (Qingdao) Exhibition†and “The 12th China International Tire & Wheel (Qingdao) Exhibition†were opened on April 9th ​​at the Qingdao International Convention and Exhibition Center in Shandong Province. “Rubber New Technology· The New Materials Forum was also held during the same period. At the forum, Zhang Hongmin, president of the Shandong Rubber Industry Association, gave a report titled "2014 Shandong Province Rubber Industry Economic Operation".
According to data released by Shandong Rubber Industry Association, in 2014, the province's tire export volume was 8.855 billion US dollars, an increase of 2.7% year-on-year, and the growth rate was 2.3% lower than that of 2013. Tires ranked sixth in total exports of the province, down 4 places from 2013.
Zhang Hongmin said: "In terms of the import and export of tires in Shandong Province, the US 'double reverse' has seriously affected the export of tires."
Recently, the US Department of Commerce issued the preliminary ruling results of anti-dumping of passenger cars and light truck tires in China, which is significantly higher than the capacity of Shandong tire companies. According to analysis, according to the tax rate announced by the US Department of Commerce, even if the minimum tax rate is 32.5%, the province's semi-steel tires are basically blocked. Once this happens, it may cause a chain reaction, and other countries may follow suit.
According to Tire World Network, Russia is one of the fastest growing markets for China's tire exports. The anti-dumping investigation of “Russian White Harbin†will also bring a very big blow to Shandong tire companies. Although companies have taken measures to actively develop emerging markets, transfer industries abroad, and strive to increase brand awareness, it is difficult to receive results in the short term.
It is predicted that as the United States implements "double-reverse" barriers to China's passenger tires, Shandong's tire export situation in 2015 will become more severe.
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