US Preliminarily Clears Hyundai and Iljin of Selling Korean Transformers Unfairly Cheap

The U.S. Commerce Department has preliminarily found that HD Hyundai Electric and Iljin Electric did not sell large power transformers from South Korea in the United States at prices below their home-market prices. The finding covers August 1, 2024, through July 31, 2025. Because these are preliminary results, interested parties can still comment before a final decision.

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