8 Apr 2025
⚡Final Results on Antidumping Duty for Large Power Transformers
Large Power Transformers From the Republic of Korea: Final Results of Antidumping Duty Administrative Review; 2022-2023
Summary
The U.S. Department of Commerce (Commerce) determines that Iljin Electric Co., Ltd. (Iljin) made sales of large power transformers from the Republic of Korea (Korea) at less than normal value (NV) during the period of review (POR) August 1, 2022, through July 31, 2023. Commerce also continues to determine that HD Hyundai Electric Co., Ltd. (Hyundai) did not make sales of large power transformers from Korea at prices at less than NV during the POR.
Agencies
- Commerce Department
- International Trade Administration
Business Impact
$$$ - High
The notice indicates an antidumping duty determination on large power transformers from Korea, which will affect pricing and compliance for businesses in this sector. Businesses exporting these goods may face increased costs and regulatory scrutiny based on the specified dumping margins.