Page 3 - Retreading Business N104 2023-1
P. 3
Retreading Business Ltd. PO Box 320 Crewe Cheshire CW2 6WY United Kingdom T: +44 (0) 1270 668718 E: info@retreadingbusiness.com W: www.retreadingbusiness.com EDITOR/PUBLISHER David Wilson CONTRIBUTORS Valentine Iwenwanne Leo Linkesch Daniel Rojas Enos Ewan Scott Satnam Singh Mary Tang Vladislav Vorotnikov Richard Wilson ADVERTISING David Wilson T: +44 (0) 1270 668718 E: info@retreadingbusiness.com SUBSCRIPTIONS Karen Wilson T: +44 (0) 1270 668718 E: subs@retreadingbusiness.com LAYOUT AND DESIGN Jeff Woodall PRINTING BY Cliffe Enterprises Unit 6F Southbourne Business Park Courtlands Road Eastbourne East Sussex BN22 8UY All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means electronic, mechanical, photographic, recording or otherwise without the prior permission of the Publisher. ¡ EDITORIAL Ever since last spring, the prospect that the anti-dumping and anti-sub- sidy duties imposed on Chinese truck and bus tyres in 2018 might be reversed has hung over the head on the European retreading industry like the sword of Damocles. It had previously been reported in these pages that the China Rubber Industry Association (CRIA) and the China Chamber of Commerce of Metals, Minerals & Chemicals Importers & Exporters (CCMC) had brought an action against the EU Commission before the European Court of Justice against the legality of the imposition of the duties on Chinese truck and bus tyres in 2018, which had been upheld in some areas on 4 May 2022. As a result of this interim ruling, no import duties have been imposed on Chinese truck/bus tyre imports since 9 July 2022, although the imports have been registered. In addition, the EU Commission reopened the in- vestigation procedure to determine the duties in order to take into ac- count the ruling of the European Court of Justice. - tions, the outcome of which seems likely to result in a collective sigh of relief on the part to the retreading sector. These foresee the re-imposi- tion of anti-dumping/anti-subsidy duties, albeit partly at reduced levels. The currently determined duties range between 21.12€ and 61.76€/ tyre, which corresponds to a reduction of between 0 and 51%, depen- ding on the manufacturer/grouping. There was still a deadline for comments from the affected/interested parties, which has now passed. However, the bottom line is that, should be charged accordingly, whilst any differences between the “old” and “new” duties since the imposition of duties in 2018 would be reimbur- sed. This would perhaps not be the optimum result for the retreading in- dustry, but ever since the spectre of the potential reversal of the duties appeared, this has been considered to be probably the best the indus- try could hope for. Let us hope that the partial re-imposition of duties stability and certainty. P.3
