China auto Parts or the first U.S. double counter investigation

Beijing time March 31, the United States Accuride and Hayes Lemmerz International Company, to the U.S. International Trade Commission and the U.S. Department of Commerce filed a complaint against China's export of steel wheels anti-dumping and countervailing investigation, the U.S. Department of Commerce is expected to decide on April 19 whether to file.　　This is after South Africa and Australia to China's steel wheels, the European Union to China's aluminum wheels launched anti-dumping investigation, involving my wheel industry, another trade relief investigation case. "I think this anti-dumping investigation, in the listed companies, the impact is more likely to be two, improvised steel rim (002355.SZ), the gold Solid shares (002488.SZ)." Generally speaking, China's automobile rims of the export volume is not much, compared with aluminum alloy products, not an order of magnitude.　　"Yesterday, a securities analyst told the first Financial journal in an interview.　　Because the car rims are mainly used in trucks, buses and low-end cars, so the domestic export scale and aluminum wheels compared to much smaller.　　Even so, steel wheels have been the subject of repeated anti-dumping investigations in recent years. In October 2010, the European Union aluminum wheel anti-dumping case, the tax rate from the initial 20.6% increase to 22.3%. This investigation is my auto parts industry facing the first U.S. double counter investigation, the prosecution requested the dumping margin for 38%~98%, and put forward a number of subsidy programs.　　If successful, it will have a significant impact on China's export of steel products to the United States. Since the financial crisis, the global developed market hub enterprises are at the margin of loss.　　On the one hand comes from the deterioration of the business environment, on the other hand more important challenges or threats from Chinese enterprises low-cost competitive pressure. Aluminum wheel industry, the world's largest manufacturers of the U.S. super industry, its margin and net profit has been near the edge of the loss, by the industry's favorite German BBS Wheel company also announced bankruptcy in 2007, auto wheel industry is facing shuffle. At the low-end of the steel rim products, but also so.　　In this context, it is not difficult to understand why domestic manufacturers of steel rims will be repeatedly anti-dumping investigations. Last year, the EU-made aluminum hub anti-dumping, did not affect domestic companies too much, China's exports to the EU's hub accounted for only about 10% of the total exports.　　The North American market is the key market for Chinese manufacturers. "If the United States filed anti-dumping, it will be a serious blow to China's small and medium-sized aluminum wheel manufacturers." In the long run, the United States will sooner or later anti-dumping on Chinese products, the relevant manufacturers should actively explore other regional markets to deal with. "The analysts said.