Commerce Department to Redo Wind Energy Company’s Dumping Margin

Date:

The US Commerce Department used improper calculations when it determined a Canadian wind turbine importer’s dumping margin and must reexamine the figure, a federal appeals court ruled Tuesday.

The agency used an unreasonable statistical test to justify its methodology when it calculated Marmen Inc.‘s margin, Judge Sharon Prost said in an opinion for the US Court of Appeals for the Federal Circuit. The department also failed to show substantial evidence supporting its rejection of the Quebec-based company’s request for a minor correction to account for an exchange rate in the department’s antidumping probe.

The circuit court vacated the US …

Read more…

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Tampa RV giant Lazydays to delist from Nasdaq

Tampa-based Lazydays Holdings Inc., one of Florida’s most recognized...

Granite Geek: New Hampshire might get access to ‘balcony solar’

I had solar panels put on my roof six...

TSX Today: What to Watch for in Stocks on Monday, November 10

Despite firm gold and silver prices, Canadian stocks...

While BNB and DOT Struggle Under Market Pressure, BlockDAG’s Presale Soars Past $435M!

As market-wide fear grips the sector, the Binance Coin...