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Asia has ‘devastating’ impact on UK tyre recovery

United Kingdom – The Retread Manufacturers Association (RMA) is calling for ‘€˜immediate action’€™ to enable the UK tyre retread industry to compete on an equal footing with a flood of cheap, subsidised imports from Asia. This flow is having a ‘€˜devastating’€™ impact on the nation’€™s tyre recovery programmes as well as employment, the RMA argues.

For a typical truck tyre of 60 kg, materials cost approximately £1.16 per kg for an overall total of £70. Asian tyres are retailing in the market at around £73, leaving an ‘impossibly low’ margin of just £3 for manufacturing, transportation, import duty and profit, according to the RMA’s calculations.

‘Without intervention, the future of 2500 employees across the UK’s industry is under threat,’ says RMA chairman Patrick O’Connell. He has discussed the issue with UK ministers at the Department for Business.

The association reminded government representatives that SMEs are responsible for 60% of the money generated by industries across the EU and that such enterprises are ‘particularly vulnerable’ to the impact of what it considers to be dumping practices.

‘We are committed to lobbying on behalf of the retread industry to secure its long-term future in the UK,’ O’Connell pledges.

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