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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