Chinese dumping wheels on the U.S. Market

The U.S. International Trade Commission and the Department of Commerce are investigating claims by U.S. companies, that China is dumping steel wheels on the U.S. market.

The claim was filed by the U.S. wheel makers, Accuride Corp and Hayes Lemmerz International Inc.

16 Chinese companies are being investigated for selling their wheels in the United States, for far less than what it cost to make them.  Dumping is a way a company can gain a foot hold in a specific market, by selling their products at huge loses, to push out their competitors. Once that is done the dumping company will increase their prices to make up the difference.