According to the experts of the tire branch, the US “double-reverse” will affect the share of China’s export tires by more than 30%, and currently 40% of domestic tires are used for export. That is to say, once the judgment is established, 12% of domestic tires will face the risk of slow sales due to the loss of price advantage, which will bring a major blow to the domestic tire manufacturing industry that was already in overcapacity.

On February 3, as one of the mandatory responding companies in the US “double-reverse” investigation, the head of the legal department of Sailong Jinyu Group Co., Ltd. (hereinafter referred to as Sailong Jinyu) said, “This is our export industry. It is a very serious challenge. Due to the slowdown in the growth of domestic passenger car sales and the slight decline in sales of commercial vehicles, tire companies have experienced a cold snap in 2014. “Last year, the capacity utilization rate of the domestic tire industry was less than 60%. Very bad. ”

It is understood that domestic tire companies with certain strengths, including Fengshen and Linglong tires, have already begun to build factories overseas. They will make up for the decline in sales to the US by transferring the US export business to overseas factories, but the overseas production capacity in the short term. It is still unsatisfactory, and the overcapacity situation in the domestic tire industry will also face further deterioration.

As early as 2009 to 2011, the United States also imposed a tariff on Chinese tires, known as the "tire special case." It is understood that after the "tire special protection case", some of the stronger tire companies have begun to set up factories overseas. The above-mentioned people in the legal department of Jinyu told reporters that the round will gradually transfer the business of exporting to the United States to the Vietnamese factory to circumvent the "double-reverse" tariffs that may be imposed.

It is understood that in 2013, the number of tires exported to the United States by Jinyu was 3.41 million. To further meet the demand, the production capacity of the Saiyan Jinyu Vietnam Plant has expanded from 3.5 million/year to 7 million/year at the end of 2014. In addition, the first phase of Linglong Tire's project in Thailand was also put into operation at the end of February 2014, with an annual output of 2 million pieces. The second phase project has also been approved.

In fact, the export of tires exported to the United States to other countries is not too big. “The market that can be replaced is the European Union,” said the above-mentioned tire branch experts, but the EU tire labeling regulations, which were implemented in 2012, have strict regulations on the fuel efficiency, rolling noise and wet grip level of tire products sold in the EU, so Less companies are being rejected.

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