Brazil launches anti-dumping investigation on Chinese tire steel cord

On July 1, 2024, the Ministry of Desenvolvimento, Indústria, Comércio e Serviços/Secretaria de Comércio Exterior issued Announcement No. 26 of 2024, stating that, in response to an application submitted by Brazilian domestic company BMB Belgo Mineira Bekaert Artefatos de Arames Ltda. on January 29, 2024, an anti-dumping investigation was initiated on steel cord for tires originating in China. The Mercosur tariff number of the product involved is 7312.10.10. The dumping investigation period of this case is from October 2022 to September 2023, and the injury investigation period is from October 2018 to September 2023.

Mexico: In April 2024, according to local media reports in Mexico, the preliminary ruling of Mexico's anti-dumping investigation on Chinese semi-steel tires was released - Chinese passenger car and light truck tires pose a threat of damage to Mexico's domestic tire industry.

Turkey: In February 2024, the Turkish Ministry of Trade issued an announcement, making an affirmative final ruling on the third sunset review of anti-dumping measures on new rubber tires for heavy vehicles, agricultural vehicles and construction machinery originating in China.

Why are Chinese tires frequently boycotted?

Thirty years ago, we had to admit that there was a huge gap between domestic and foreign tire companies, whether in technology research and development, brand building, or even in the business philosophy and personal awareness of the company. But now, Chinese tires have blossomed all over the world, and well-known brands such as Chaoyang, Linglong, Double Coin, and Triangle are well-known both at home and abroad and can compete with foreign brands.