Thursday, May 24, 2012
Chinese Response to Solar Panel Tariffs -- Nothing To Do With the Bakken
LDK Solar responds to US Department of Commerce's preliminary
decision on antidumping tariffs for Chinese solar cells and modules: According to the decision, Chinese producers/exporters selling
solar cells and modules in the US will be assessed dumping margins
ranging from 31.14% to 249.96%. Co will be part of the separate rates
group, subject to a preliminary antidumping tariff rate of 31.18%. WIth
regard to this, co states: "...this decision will not change our
strategy in developing markets worldwide. LDK Solar reaffirms its
commitment to be one of the industry's top tier companies in the US and
global markets now and in the future by creating consistent value for
our customers." The rulings announced recently by the DOC are
preliminary findings. The tariff decision is expected to be finalized
by the fall of 2012.
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