MBIE galvanised into wire dumping action

Tue, 02 Jun 2020

Imports of galvanised wire from China and Indonesia are to be investigated following a dumping complaint by Pacific Steel.Pacific, owned by BlueScope Steel, complained earlier this year that its business had been “materially” injured by the increased wire volumes coming from the two countries in the 2019 and 2018 financial years. The harm probably went back to 2016, it estimated.By working back using steel billet prices in the two countries, and calculating labour, energy and other costs, Pacific estimated the Indonesian product was...

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