The inevitable fall-out from last month’s US Dept. of Commerce ruling against the import of Chinese solar products is now measurable in numbers, as the Coalition for American Solar Manufacturing (CASM) has revealed details of import figures for April. With US Customs and Border protection closely monitoring all imports to prevent companies dodging the anti-subsidy duties, imports in April came to US$70.7 million, down 66% compared to the previous month’s US$206 million.
CASM is viewing these massive declines as the market coming to terms with the real costs, risks and uncertainties involved in importing Chinese solar products into the US.
The DoC will publish its final determination later this year; the following is a timeline of past and upcoming events in this ongoing saga:
Petition Filed: October 19, 2011
DOC Initiation Date: November 8, 2011
ITC Preliminary Determination: December 5, 2011
DOC Preliminary Determination: May 16, 2012
DOC Final Determination: October 9, 2012
ITC Final Determination: November 23, 2012
Issuance of Order: November 30, 2012