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) (here). Rates calculated in this review will be used to set assessment rates for importers of subject merchandise from two exporters that was entered August 2013 through July 2014.
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Liquidation 'As Entered' for Entries from Exporters Not Subject to Review
Only the five exporters for which an administrative review was requested are covered by this review. Cash deposit rates for all other exporters will not change. Commerce ordered liquidation "as entered" for entries during the period of review from all exporters for which a review was not requested, in a message sent to CBP in October 2014 (here).
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 cash deposit rates:
| Exporter | AD Rate (Prelim) |
|---|---|
| Hyosung Corporation | 11.01% |
| Hyundai Heavy Industries Co., Ltd. | 3.96% |
| ILJIN Electric Co., Ltd. | 7.49% |
| ILJIN | 7.49% |
| LSIS Co., Ltd. | 7.49% |
Assessment Rates
As part of this administrative review, Commerce will also calculate final AD duty assessments on importers of subject merchandise exported by the companies under review that were entered between Aug. 1, 2013 and July 31, 2014. If these preliminary results are confirmed in the final results, importers of subject merchandise from Hyosung and Hyundai will each be assigned importer-specific assessment rates.
(The period of review is 08/01/13 -- 07/31/14. 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 09/04/15)