The U.S. ITA has issued duty orders against ESB rubber exports from four countries. The case, launched in July 2016, was only partially successful. Imports from the four fell 65% in July vs. the start of the case, with those from Mexico only dropping 9%. Additionally in the past quarter imports from other countries outside the investigation have climbed 59%, suggesting buyers are finding other sources. That has come at a cost for them. The import value per ton climbed 14% in the past three months vs. 2Q 2016, raising tire manufacturers’ expenses and in turn the price of tires for consume...
Supply Chain Research
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