Korea Large Power Transformers: AD Rates Reduced in Final Determination
The International Trade Administration issued its final affirmative antidumping duty determination on large power transformers from Korea (A-580-867), which decreases AD rates for the two mandatory respondents and all other manufacturer exporters. This final determination, which is effective July 11, is expected to be implemented by U.S. Customs and Border Protection soon.
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Suspension of Liquidation Continues
The ITA is directing CBP to continue to suspend liquidation of all imports of subject merchandise which were entered, or withdrawn from warehouse, for consumption on or after Feb. 16 (the publication date of the preliminary determination).
Estimated AD Cash Deposit/Bond Rates Revised
The ITA will instruct CBP to require an AD cash deposit or the posting of a bond, for all imports of subject merchandise which were entered, or withdrawn from warehouse, for consumption on or after July 11, equal to the following AD rates:
| Manufacturer/Exporter | AD Rate |
|---|---|
| Hyundai Heavy Industries Co., Ltd. | 14.95% (from 21.79%) |
| Hyosung Corporation | 29.04% (from 38.07%) |
| All Others | 22% (from 29.93%) |
(The period of investigation is 07/01/10 -- 06/30/11. See ITA’s notice for more information, including the scope of the investigation (unchanged since the preliminary determination), detailed instructions on cash deposit and assessment rates, changes since the preliminary determination, etc. See ITT’s Online Archives 12021616 for summary of the preliminary determination of this investigation, and 12070525 for summary of the ITA’s announcement of this final determination.)
ITA Contact -- David Cordell (202) 482-0408
(FR Pub 07/11/12, A-580-867)