MBIE considers slapping a duty on coated steel imports

MBIE considers slapping a duty on coated steel imports
Coated steel is used in roofing, flashings, garage doors and sheds.
Brent Melville
The government is investigating the dumping of coated steel from Korea and Taiwan after a complaint by New Zealand Steel, the only local manufacturer of the products.NZ Steel, owned by ASX-listed BlueScope Steel, said the dumping of the aluminium-zinc coated product was causing “material injury” to locally made steel, undercutting the price by about 10%.While the country's largest steel producer didn’t disclose domestic versus imported market share, citing “commercial sensitivity”, its application notes Korean...

More Infrastructure

PM's summit hastens new overseas investor regime
Policy

PM's summit hastens new overseas investor regime

Cabinet has agreed to liberalise the foreign investor regime in time for a March summit.

Red carpet for foreign investors at March summit
Policy

Red carpet for foreign investors at March summit

The summit will showcase NZ infrastructure investment opportunities.

Pattrick Smellie 10 Feb 2025
Top NZ financier's plan for more public infrastructure
Finance

Top NZ financier's plan for more public infrastructure

The proposals avoid stale privatisation and capital gains tax arguments.

Pattrick Smellie 10 Feb 2025
PE eyes Fletcher's Oz assets as NZ investor hunt stalls
Infrastructure

PE eyes Fletcher's Oz assets as NZ investor hunt stalls

Investment bank is understood to have halted the search for residential investors.