Author: Bill Liu

News

CCTV Unveils: Why Are Chinese Tires in Short Supply?

Since 2023, there has been a significant recovery in the Chinese tire industry. Data indicates that, in 2023, the cumulative production of all-steel tires in China reached 139 million units, marking a 14% year-on-year increase. Semi-steel tire production also saw substantial growth, with a cumulative output of 591 million units, reflecting a 22% year-on-year.

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未分类

Risks on the road: Urgent recall of top-brand tires!

According to foreign media reports, Goodyear is currently recalling a batch of newly launched UltraGrip Performance 3 winter tire products in the European market. The recalled tire size is 235/50 R18 101V XL, with a production date in the 27th week of 2023. The exact number of tires being recalled is not specified.

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Tire Market

How to find a rieliable tire supplier

When it comes to finding a reliable tire supplier, there are several factors you need to consider. From the quality of the products to the reliability of the supplier, there are several things you need to take into account to ensure that you are working with a trustworthy and reputable supplier.

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News

The highest increase is 6%!

Goodyear, Zhongce, CST, Linglong, Guizhou Tire, etc. 40+ tire prices “hurricane” rose in February.

Since the end of the Spring Festival, notices of tire price increases have followed one after another, and a new round of price increase notices has come again.

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News

Profit felled sharply! for most Chinese tire companies in 2022.

In 2022, the epidemic will recur, the conflict between Russia and Ukraine will cause global economic turmoil, international big-name tire companies will lay off employees one after another, and the performance of major domestic tire companies will face a huge impact.

Recently, a number of tire companies have released performance forecasts. Some tire companies have achieved profit growth, while some tire companies have experienced a sharp decline in profit.

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News

Soaring 16.37%! Scrap tire prices keep positive.

Recently, the waste tire market is very hot, and the price has risen sharply. Taking steel tires above 900 yuan as an example, the lowest price in 2019 is only 750 yuan/ton, and the highest in 2021 is 1290 yuan per ton. In March this year, the highest price of Zouping steel wire tires above 900 yuan reached 1835 yuan/ton, a year-on-year increase of 2019 and 2021. As high as 144.67%, 42.25%.

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