Four American tire cord manufacturer Bekaert (Bekaert), Bridgestone (Bridgestone Metalpha), Kiswire America and Tokusen USA had requested exemption from the provisions of the United States 232 and more than 1078 high-carbon wire rod tariffs. Among them, Bekaert, Kiswire and Tokusen pointed out in the statement that the finished tire cords were exempted in Section 232. In this case, American tire manufacturers will be more dependent on imported tire cords, “seriously damaging†President Trump’s implementation of tariffs. aims.
U.S. Big Four Tire Cord Manufacturers Apply for Tariff Exemption USTMA senior vice president and general counsel, Tracey L. Norberg, stated at the business hearing on May 24 that domestic suppliers could not meet the demand of American tire manufacturers for these steel products. The company stated that the steel wire used in the production of tire cords and bead wire must use high-carbon wire rods to meet the required strength and cleanliness, and this product cannot be purchased from the American bar factory because they use electric arc furnaces. It is reported that Bekaert operates five North American factories, Kiswire operates two factories, and Tokusen runs a factory, employing a total of 1,700 workers. Bekaert is a subsidiary of Bekaert NV in Belgium, Kiswire America is a US subsidiary of South Korea's Kiswire, and Tokusen USA is a Japanese subsidiary of Tokusen of Japan. In the submission, it was disclosed that both Bekaert and Kiswire had shelved the planned capacity expansion due to the implementation of tariff 232.
Readings:ROPP cap is a type of bottle closure & its full form is Roll on Pilfer Proof. It is kind of Metal cap generally made using fine grade of aluminium as aluminium imparts the benefit of ductility. ROPP closures are widely used in a type of industries like pharmaceutical, distilleries, wine and beverage etc.
The most known brand of screw caps in China is HICAP, supplying packaging solutions to be a strategic partnership of Diageo. Hicap is the leading manufacturer of Wine Closures, Spirits Closures, Non Refillable Closures and tamper evident closures now.
Product information:
Size:30x60mm
Material: Aluminum 8011 Thickness:0.23mm±0.015mm
Liner option: EPE Liner
Tin-saran liner
Saranex liner
Decoration: Top: Top printing process
Side: Offset printing
All lacquer coating ink liner related are used on the product are approved by FDA.
Offset Printed Closures,Metal Closures,Screw Top Bottles,Pilfer Proof Closures
Yantai Hicap Closures Co., Ltd. , https://www.hicapclosure.com