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45/65R45 - 45/65-45

OTR Tire Spot Market Index

BRAND NAME RADIAL TIRES
Month
Size
Avg Price
June
45/65R45
$42,809.00
CHINESE BIAS PLY TIRES
Month
Size
Avg Price
June
45/65-45
$15,284.58
BRAND NAME BIAS PLY TIRES
Month
Size
Avg Price
June
45/65-45
$18,281.58

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*ALL FIGURES INDICATED ARE BASED ON EXW PRICING

*DISCLAIMER: All data included in this report has been compiled by Agora Tire, Inc. through its normal course of business. The use of this data by any party is at such party's own risk and Agora Tire, Inc. does not represent or warrant the data for any other purpose. All prices are exclusive of shipping, duty or other related costs




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New Stock

(6) 59/80R63 Repaired Tires > View

59/80R63 Repaired OTR Tires $30,000 each


(2) 50/80-57 Firestone SRG DT 68 Ply > View

(10) 53/80R63 Used Michelin XDR > View

(27) 3600R51 Goodyear RL-4H 4H > View

(30) 53/80-63 Colorado E4 86 Ply > View

(6) 3700R57 Goodyear RL4H > View

(1) 3700R57 Michelin > View

(24) 40.00R57 Colorado E4 > View

Colorado OTR Tire Specs > View PDF



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BRIDGESTONE SAYS, EVEN WITH A 40% CAPACITY INCREASE, WE THINK ITS STILL NOT ENOUGH.
Agora :: 4/30/2008

Marketwatch recently reported on continuing OTR tire shortage (some call an “imbalance”). The article spoke about the on-going expansions by Michelin and Bridgestone and their struggle to keep up. The fact is that a booming commodity market will not allow them to catch up the imbalance. No one is expecting a downturn [...]
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Tom's Bio
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SOME THOUGHTS ON DUAL WHEEL ASSEMBLIES
Tom :: 4/23/2008

Dual wheel assemblies have three main functions: 1. To provide Extra Load capacity. As in a trucking & forklift application. 2. To provide Extra Traction. As in a rear tractor application. 3. To provide Stability. As in all [...]
...read more



Gus's Bio
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Improving Mine Site Safety Through Better Tire Management
Gus :: 4/23/2008

I was perusing through some industry websites the other day and found an excellent reminder to all of us in the mining industry of how we can maintain improve our overall mine safey through better tire awareness. With the tire imbalance continuing to loom over our immediate future, reminders like this our even more [...]
...read more



Author Photo

Media Manipulation
Feature :: 4/23/2008

I write, and speak frequently with people, about our industry?s public image. As I have often said, one problem is that we have no image with a lot of people. It is amazing how many people in ?developed? countries think that mining is a thing of the past. Presumably they think all the world?s metals [...]
...read more



Ashok's Bio
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Construction boom fuelling UAEs economic growth
Ashok :: 11/24/2007

The United Arab Emirates has a highly industrialized economy that makes the country one of the most developed in the world, based on various socioeconomic indicators such as GDP per capita, energy consumption per capita, and the HDI. At $168 billion in 2006, the GDP of the UAE ranks second in the Gulf states (after [...]
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Robert's Bio
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OPEC chief sees cost of oil going still higher
Robert :: 4/30/2008

ROME - OPEC Secretary-General Abdullah el al-Badri said Sunday oil prices would likely go higher and that the group was ready to raise production if the price pressure was due to a shortage of supply ? something he doubted. “Oil prices, there is a common understanding that has nothing to do with supply and demand,” al-Badri [...]
...read more





 

News Sources


MW Global OTR


Tire Tips to Take to the Bank

Equipment Today, July 10, 2008

The recent shortage of earthmover tires has taught contractors a lot about the role tires play in the overall cost of doing business. "The tire shortage that plagued the industry for the previous years has lightened significantly," says Cara Junkins, director of sales and marketing, Titan. "During that time though, a lot of operators learned how to watch tire costs and do what was necessary to elongate the life of their tires." Read More»

Takeover targets: Australian mining services

International Herald Tribune, July 10, 2008

HONG KONG: Riding the commodity boom but struggling with costs, the mining services industry looks headed for a batch of takeovers.

While the sector is no stranger to acquisitions, slowing growth has buried stock prices of many companies this year, making them more affordable to prospective buyers.

One deal already under way is a 436 million Australian dollar, or $418 million, hostile bid by the Australian construction company Macmahon Holdings for the mining and utilities contractor Ausdrill. Macmahon is looking to bulk up as its principal mining customers also merge. Read More»

MMTC keeps to plan of marketing Chinese commercial vehicle tyres

Hindu Business Line, July 10, 2008

Notwithstanding the negative impact of a depreciating rupee, MMTC sticks to its plan of marketing Chinese commercial vehicle tyres - primarily radial tyres - in India.

The public sector trading major has already identified a US-based tyre maker having a production base in China as the possible source of imports on a long-term basis. The first bulk order is expected to be placed in September-October.

Plans on import of high tonnage OTR (off-the-road) tyres are yet to be firmed up due to an availability crisis. Such tyres are primarily used by the mining industry in earth-moving equipment. Read More»

U.S. Sets Steep Final Duties on China OTR Tires

Tire Review, July 9, 2008

The U.S. Commerce Department on Tuesday set final duties ranging up to more than 210% on millions of off-road tires it said were being sold in the United States at unfairly low prices.
"After a thorough investigation, the Department of Commerce has found that Chinese exporters of off-the-road tires have received government subsidies and sold at below the cost of production in the United States," said Assistant Commerce Secretary David Spooner said in a statement.

Titan Tire Corp, an Iowa-based company that makes off-road tires for agricultural, construction and industrial vehicles for customers including John Deere-Lanz Verwaltungs AG, and union workers filed two cases last year asking for import relief. Read More»

Chinese OTR Imports Set High US Duties

Reifen Presse, July 9, 2008

Following two cases filed jointly last year by Iowa-based union workers and Titan Tire Corporation (and supported by Bridgestone), the US Commerce Department has placed up to 210 per cent final duties on OTR tyres imported from China. The ruling demonstrates the body's belief that prices for the tyres were unfairly low, while David Spooner – the Assistant Commerce Secretary – stated that the exporters had "received government subsidies and sold at below the cost of production in the US."

OTR imports totalled 15 million in 2006, a sharp increase from the 12.4 million imported in the previous year, leading to the introduction of preliminary duties to combat the alleged "dumping activities" of Chinese tyre importers. The new rates are in the majority of cases lower than the preliminaries, also varying from company to company. In the most extreme case, Xuzhou Xugong Tyre Co saw their preliminary duty dropped from 51.81 per cent to nothing. However many Chinese suppliers will face the full 200 per cent duty. Read More»

Lawmakers: Cheap Chinese tires threaten U.S. jobs

Associated Press, July 8, 2008

Lawmakers say more than 1,000 tire manufacturing jobs in Iowa and Illinois are threatened by unfair competition from low-priced Chinese tire imports.

Illinois Congressman Don Manzullo has constituents in Freeport who work for the Titan Tire plant. He says he does not know how much more Midwest communities can take after losing one industry after another.

He was one lawmaker who testified before the U.S. International Trade Commission, calling for a level playing field for American manufacturers of the off-the-road tires used in agriculture and mining.

The U.S. Commerce Department imposed anti-dumping duties on their tires earlier this year.

The trade commission will either recommend President Bush keep the duties or take other action against the Chinese.

U.S. Rep. Boswell: Will Testify Before The International Trade Commission

Iowa Politics.com, July 7, 2008

CONGRESSMAN BOSWELL TO TESTIFY BEFORE THE INTERNATIONAL TRADE COMMISSION TOMORROW, TUESDAY, JULY 8

IN SUPPORT OF RELIEF UNDER U.S. TRADE REMEDY LAWS FOR TIRE MANUFACTURERS IN 3 RD CONGRESSIONAL DISTRICT

Congressman Leonard Boswell will be testifying before the International Trade Commission (ITC) in support of a petition filed by the Titan Tire Corporation, which has a plant in Des Moines, and the United Steel Workers (USW) seeking relief under U.S. Trade Remedy laws. Titan and the USW brought a case to the U.S. International Trade Commission concerning China dumping off-the-road (OTR) tires in the U.S.

Last December, the Department of Commerce preliminarily determined that the Chinese Government was unfairly subsidizing Chinese OTR tire producers and is expected to make a final decision today, Monday, July 7, 2008. It is expected that the ITC will vote as to whether the domestic industry is materially injured or threatened with material injury by Chinese imports on August 11th.

COPPER MINING - $100M equipment ordered for Gibraltar

Canadian Mining Journal, July 6, 2008

BRITISH COLUMBIA – Vancouver's TASEKO MINES has ordered mining and milling equipment worth $100 million for the expansion of its Gibraltar copper-molybdenum mine at Williams Lake. The company has entered into agreements to buy two Bucyrus 495 shovels, a Bucyrus 409R production drill, four 240-t Terex trucks and a 8.5-m semi-autogenous mill (SAG).

Delivery of the equipment will take place over the next two years. The trucks will arrive later this year, one shovel and drill will arrive in the spring of 2009, and the second shovel in late 2009. The SAG mill and motors should arrive in May 2010 for commissioning by August that year. The addition of the SAG mill will boost milling capacity by 30,000 t/d, bringing total mill capacity to 85,000 t/d.

Titan 63-inch Radial Gets OK

Tire Review, July 2, 2008

Titan Tire has released its new 63-inch steel-belted radial OTR tire to full production at its Bryan, Ohio, plant.
The 59/80R63 radials will begin full production as of July 7.

“We believe this is the beginning of a change in the specialty tire and wheel business worldwide,” said Titan Chairman and CEO Morry Taylor. “This tire should out-perform any tire out there and we think as production moves forward, we should continue to find more ways to improve these giant tires.

“The first 12 sets of tires should be shipped to Canada’s tar sands in July. It is Titan’s goal to ship a minimum of 900 giant 63-inch tires before year-end.” (Tire Review/Akron)

Triangle Presents Diamond Back Range at Reifen

Tire Review, July 2, 2008

In its more than three decades of operation Triangle Tire has grown to become one of China’s top tyre manufacturers in terms of output.
Annually the company produces, says Triangle, around 20 million units. Of this figure, radials account for as much as 16.5 million units, and the company claims to be the largest tyre manufacturer and exporter in China.

At the Reifen show, sales manager Victor Wang spoke with Tyres & Accessories about numerous recent developments at Triangle Tire. Of particular significance, commented Wang, is a new product line introduced by the company. Called Diamond Back, the passenger car and SUV range is available in four distinct patterns, including the UHP TR968. Boasting some 20 sizes between 17 and 24-inches, the W and V speed rated range offers, says Wang, low rolling resistance, a high grip tread compound and rim protection flange on the sidewall. Read More»

Senior Goodyear Experts to Speak at American Tire Corporation

PR Web, June 23, 2008

American Tire Corporation (ATC) is pleased to announce that it will have a number of speeches on Goodyear and its OTR tires from Goodyear OTR tire experts at ATC's California facility on June 23 and thereafter.

As part of ATC's effort to buy Goodyear's Topeka OTR tire plant, such speeches will be delivered by senior Goodyear experts with an OTR tire experience of more than 70 years in total. ATC's local employees will have opportunities to attend such events and know more on Goodyear and its OTR tires. Q&A sessions will be followed.

ATC is going to set up a negotiation team late this year to negotiate with Goodyear. Such events will be held on a regular basis until its purchase of Goodyear's Topeka OTR tire plant is finally realized.

With the objective to become the largest and best manufacturer for 63" and 57" tires, American Tire Corporation is a well-established OTR tire manufacturer which has a number of operations in different US states and other countries. ATC has created several "firsts" in the OTR tire industry.

Bigger is better -- Yearwood Tire focuses on giant OTR tire retreading, repair

Modern Tire Dealer, June 20, 2008

Talking with John Yearwood, it doesn’t take long to realize he’s a person who enjoys his work. “It’s neat to be able to retread the largest tires in the world,” he says. “There aren’t that many of us out there!”

His company, Yearwood Tire, a single-location dealership in Victoria, Texas, specializes in giant OTR tire repair and retreading. In fact, that’s all the company does.

“We just took delivery of a 170-inch curing kettle,” says Yearwood, who runs the company with his son, Scott. The kettle -- which was made by Melco Steel Inc. in Asuza, Calif. -- stands 16 feet tall, is 17 feet wide and weighs 65,000 pounds.

It represents a total investment of $500,000, according to Yearwood, who says his company has more than enough volume to justify the expenditure. “We’re retreading about 80 giant OTR tires a month.” Read More»

Michelin's $90 million investment to add capacity, productivity at Lexington site

GreenvilleOnline.com, June 19, 2008

Michelin North America is investing an additional $90 million to upgrade equipment and further expand production capacity at the company’s Lexington manufacturing site - less than a year after it announced a $110 million investment there, officials said Thursday.

"The marketplace is moving rapidly," said Michael Fanning, Michelin vice president of corporate affairs. "We recognized additional investments were needed."

The $110 million investment at the twin facilities -- passenger/light truck tire and earthmover tire facilities on one campus - was part of a $350 million investment Michelin announced last August for its four major manufacturing sites in the state. The $90 million is in addition to that. Read More»

Massive investment - OTR tiremakers continue to ramp up production. Meanwhile, would you believe an 81-inch tire?

Modern Tire Dealer, June 17, 2008

We’re doing our best to build giant OTR tires.” Those words from Abraham Hengyucius, president of Chino, Calif.-based American Tire Corp. (ATC), echoed the messages delivered by other tire manufacturers at the 2008 Tire Industry Association Off-the-Road Tire Conference, which was held in late February in Kohala Coast, Hawaii.

OTR tire suppliers used the event as a forum to share their plans for investing in further OTR tire production. Here’s what executives from each of the major OTR tire manufacturers had to say during a panel discussion moderated by Modern Tire Dealer Publisher Greg Smith:Read More»

Tyre prices to go up for second time this year

The Star Online, June 13, 2008

EFFECTIVE July 1, the price of tyres will go up by between 5% and 18%, China Press reported.

In its front-page report yesterday, the daily highlighted that service charge at tyre shops would also be increased by 20%.

Quoting a spokesman for the Tyre Retreading Manufacturers’ Association of Malaysia, the daily reported that manufacturers were finding it hard to make ends meet.

"Initially the association wanted to increase the price of tyres by 25%. But fearing a backlash from consumers, we decided to raise it to between 5% and 18%," he told the daily. Read More»

Grupo Mexico CEO defends Asarco transfer

Arizona Daily Star, June 11, 2008

The head of the Mexican conglomerate that once controlled Tucson copper company Asarco LLC sold its shares in lucrative Peruvian mines and eventually allowed the company to go bankrupt to protect it, not destroy it, he says.
Germán Larrea, CEO of Grupo Mexico, under subpoena by a federal judge, was on the witness stand for more than five hours Tuesday and defended the Mexico City-based company's handling of Asarco's affairs. Read More»

India’s Tyre Output Growth Falls Short of Forecasts

Tire Review, June 11, 2008

Growth in India’s tyre production is likely to fall short of forecast results, with output levels hampered by dumped Chinese tyres and high manufacturing costs.
According to Automotive Tyre Manufacturers' Association (ATMA) director general Rajiv Budhraja, in an interview with Reuters, these factors mean domestic manufacturers will remain under pressure in the short term.

The ATMA previously forecasted growth in 2008 to increase by 2% to 3%, to about 12% or 13%. According to Budhraja, however, “a steady, subdued growth” is now expected in place of this. “Fuel price is going to be a major dampener," he added, referring to a recent state-ordained 10% increase in the cost of fuel, the greatest price rise in more than a decade. He added that a drop in mileage covered by private vehicles would lead to a fall in demand for tyres in both the OE and replacement markets. Read More»

Central Texas Retreading Announces New Oliver Rubber Retreading Facility

Layover Community, June 9, 2008

Central Texas Retreading of Elm Mott, Texas announced today that it will install an Oliver Rubber retreading facility that will begin making Oliver® brand commercial retreads on June 15, 2008.

Todd Calandra, the president of Central Texas Retreading, said," Oliver was our choice in retreading because we could install an efficient shop at a reasonable cost and produce the highest quality retreads.  As an Oliver retreader, you also are able to serve a market area that is not overcrowded with other Oliver dealers. Our plan is to sell Oliver retreads from as far north as Dallas and as far south as San Antonio." Read More»

Michelin raising price of its tires

GreenvilleOnline.com, June 5, 2008

Michelin is boosting the price of its tires as a result of continuing increases it is facing in raw material, energy and transportation costs, officials said.

But it also is experiencing an escalating interest in its X One wide single tire for commercial trucks as diesel fuel costs hit $4.77 a gallon, said Pete Selleck, president of Michelin Group’s worldwide truck business.

The tire maker announced plans to increase the prices of its Michelin, BFGoodrich and Kleber brand agricultural and compact line tires sold in the United States and Canada by between 6 percent and 36 percent, effective July 1, spokeswoman Lynn Mann said in a written statement. Read More»

Goodyear Commercial Tire Price Increase

Tire Review, June 5, 2008

Citing continued increases in raw material, energy and transportation costs, Goodyear Tire & Rubber Co. confirmed it is increasing the prices of some of its commercial tires up to 9%, effective July 1.
The Goodyear, Dunlop and Kelly brands in North America are affected by the increase.

In addition, the company has increased commercial tire retread rubber prices up to 9% and OTR tire tread rubber prices up to 12%, each effective June 1. Goodyear increased commercial tire prices up to 7% on April 1.

International Tyre Exhibitors Sign Up for Tyrexpo Asia’09

Reifen Press, June 5, 2008

International exhibitors are already confirming plans for the new products and displays designed to catch the eye of tyre industry buyers at next year’s Tyrexpo Asia March’09 exhibition. For Singapore-based manufacturer and distributor Omni United, the sales focus next March has already been agreed as its Radar ranges of bus and truck tyres, designed in India and manufactured in China. Radar OTR tyres will also form a very prominent stand presence, with products ranging in size to cover mining and industrial equipment from 21 to giant 57-inch wheel sizes. Read More»

American Tire Corporation to Buy Gold and Copper Mines

PRWeb, June 4, 2008

Many gold and copper mines operate dump trucks with 57" and 63" giant OTR tires which are American Tire Corporation's primary product to supply. American Tire Corporation is going to combine mining and tire production together to further its business in USA.

Chino, CA (PRWEB) June 4, 2008 -- American Tire Corporation (ATC) is pleased to announce that it has interest in purchasing some large gold and copper mines located in USA.

ATC produces all sizes of OTR tires with competitive quality for mining operations globally. In order to further expand the business, ATC decides to enter into the operation of mining industry. According to the plan, ATC will not only run some gold and copper mines, but will also satisfy whatever OTR tire needs from all ATC-purchased mines to maximize the capacity of mining production.

Yokohama to Put Up Consumer Tyre Prices

Reifen Press, June 4, 2008

Yokohama Tire Corporation have announced that increases in U.S. consumer prices will come into effect on 1st July 2008 due to the rising costs of energy and raw materials.

In addition, consumers can expect to see in-line adjustments announced at a later date, while commercial Light Truck, Medium Truck and OTR (off-the-road) tyre prices will not be affected.

Yokohama Tire Corporation is the North American manufacturing and marketing division of the Tokyo-based Yokohama Rubber Co., Ltd., with a network of 4,500 points of sale in the U.S..

ATMA asks govt to impose anti-dumping duty on Chinese tyres

The Economic Times, June 2, 2008

Worried by massive 1300 per cent jump in tyre imports from China in the last five years, Automotive Tyre Manufacturers Association (ATMA) today asked government to immediately impose an anti-dumping duty on import of radial truck and bus tyres.

"The truck and bus tyre import in the country has jumped by a massive 1300 per cent during the last five years. According to data released by DGCIS&S, Government of India and corroborated by ATMA, the truck and bus tyre imports have gone up from 88,000 in 2003-04 to 12.17 lakh in 2007-08," the association said in a statement. Read More»