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U.S.-China steel wheel “double counter” final ruling results released

On August 28 local time, the United States International Trade Commission (ITC) issued a public announcement, disclosing the final ruling on the anti-dumping and countervailing case against steel trailer wheels imported from China.

It is reported that ITC voted on August 2 and finally voted in favor with 5 votes against 0, and made a final positive decision on the case.

The United States has determined that steel trailer wheels with a diameter of 12 to 16.5 inches imported from China caused "substantial damage" to local manufacturers.

Earlier, the US Department of Commerce issued anti-subsidy and anti-dumping tax rates.

Among them, the countervailing duty rate is 388.71% for Zhejiang Jingu Co., Ltd .; 386.45% for Xingmin Zhitong (Group) Co., Ltd .; and 387.38% for all other Chinese wheel manufacturers.

At the same time, the US Department of Commerce determined that the dumping margin of Changzhou Chungang Machinery Co., Ltd. was 38.27%, and the margin rate was 16.57%. The dumping margin of other Chinese companies was 44.35%, and the margin rate was 22.65%.

It is understood that the case started in August 2018.

At the time, Dexstar Wheel Co., Ltd., located in Indiana, USA, applied for a "double-reverse" investigation into steel wheels imported from China.

According to Tire World, Dexstar Wheel is a subsidiary of Taiwan Kenda Industry Co., Ltd. (Kenda).

A person specializing in wheel exports said that in addition to trailer wheels, steel truck and passenger car wheels (22.5-24.5 inches) from China were also subject to "double anti-" investigations in the United States.

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