South Korea Power Transformers: Prelim Results of AD Admin Review
The Commerce Department issued the preliminary results of its antidumping duty administrative review on large power transformers from South Korea (A-580-867). The agency calculated preliminary AD rates for five companies. In this review, Commerce will set assessments of AD duties on subject merchandise entered between Feb. 16, 2012 and July 31, 2013.
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Rates Only Preliminary; Cash Deposit Rates From Previous Proceedings Still in Effect
These preliminary results do not affect current rates, and Commerce may still change its calculations when it issues the final results of this administrative review. For now, the most recent final AD rate calculated for each South Korean company is still applicable. If no final AD duty rate has ever been calculated for a company, then it is subject to the all others rate of 22%. The final results of this administrative review are currently due in January.
Cash Deposit Requirements
Once Commerce issues its final results, new AD duty cash deposit requirements may take effect for some companies, beginning on the date of publication of the final results in the Federal Register. Commerce preliminarily calculated the following AD duty rates:
| Exporter | AD Rate |
|---|---|
| Hyosung Corporation | 6.56% |
| Hyundai Heavy Industries Co., Ltd. | 9.34% |
| ILJIN Electric Co., Ltd. | 8.11% |
| ILJIN | 8.11% |
| LSIS Co., Ltd. | 8.11% |
Assessment Rates
As part of this administrative review, Commerce will also calculate the AD duties it will assess on importers for entries of subject merchandise entered between Feb. 16, 2012 and July 31, 2013. If these preliminary results are unchanged in the final results, Commerce will calculate importer-specific AD duty assessments for Hyosung and Hyundai, the only two individually-investigated companies.
(The period of review is 02/16/12 -- 07/31/13. See notice for additional information, including the scope of the order, potential cash deposit and assessment instructions, etc.)
AD/CVD Operations contact -- Brian Davis (202) 482-7924
(Federal Register 09/24/14)