South Korea Power Transformers: Prelim Results of AD Admin Review
The Commerce Department has published the preliminary results of its antidumping duty administrative review on large power transformers from South Korea (A-580-867). In the final results of this review, Commerce will set assessment rates for subject merchandise for the companies under review entered August 2022 through July 2023.
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Commerce has ordered liquidation “as entered” at the cash deposit rate in effect at the time of entry for subject merchandise from exporters for which a review was not requested or a review request was subsequently withdrawn (ADCVDWeb Message # 3326442).
Commerce also said it is rescinding this review for Hyosung Heavy Industries Corporation, which had no reviewable, suspended entries during the review period.
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) |
|---|---|
| HD Hyundai Electric Co., Ltd. | zero |
| Iljin Electric Co., Ltd. | 10.61% |
| LS Electric Co., Ltd. | 10.61% |
Assessment Rates
If rates set in these preliminary results are confirmed in the final results, Commerce won't assess AD on subject merchandise from Hyundai during the review period; Commerce will assess AD on importers of subject merchandise from Iljin during the period Aug. 1, 2022, through July 31, 2023, at importer-specific rates, and on importers from the other exporters under review at the rates listed above.
(The period of review is 08/01/22 - 07/31/23. See notice for additional information, including the scope of the order, potential cash deposit and assessment instructions, etc.)