[Korea's financial standing hyomun newspaper reporter] had imposed a high rate of Hyundai Heavy Industries transformer anti-dumping duties in the United States. As Hyundai Heavy duty side difficult to understand reportedly being considered for a future appeal.
Hyundai Heavy Industries has received the anti-dumping duty of 61% of the final judgment for a large transformer is being exported from the local to the recent US Commerce Department said yesterday. Last September, the US Department of Commerce anti-dumping duty of 3.09% priced in at the time of the preliminary determination of Hyundai Heavy Industries transformer. This will be a whopping 20-fold increase in tariffs at the final judgment.
Hyundai Heavy said it might be able to appeal and CIT filing said action can not understand about this tariff.
HHI official said, "There were three decision process until recently, the final decision since last September, preliminary judgment" and "is also available as a 3.09% is imposed in September can not understand prepare preliminary determination result of Appeal and CIT filing." said.
For the tariff impact of the protectionist measures the US government explained further strengthening of the local transformer manufacturing subsidiary would be minimal retention, impact. Hyundai Heavy Industries was the last place a local factory in 2011 in the US State of Alabama. The plant can produce annually 200 Womans up to 500kV class transformers.
HHI official said, "In the case of this anti-dumping duties will continue to respond to such objections situation," he said "policy to minimize related impacts to future US tariffs, etc., utilize it holds the transformer production subsidiaries in the United States of America Local" .
Meanwhile, the US Department of Commerce has determined the final antidumping duties of 2.99% even Hyosung addition to HHI. Hyosung has been imposed antidumping duties of 1.76 percent in September, the preliminary determination.
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