As of Dec. 1, the capacity utilization of Shandong tire producers’ all-steel tire production was 66.03%, down 0.46% from the previous week, or down 4.20% year on year.
In the week from Nov. 27 to Dec. 1, the capacity utilization of Chinese tire producers’ semi-steel tire production was 69.06%, down 0.62 week on week, or down 4.65% year on year.
