MBIE quietly reopens Chinese steel subsidy probe

MBIE quietly reopens Chinese steel subsidy probe
Paul McBeth
By Paul McBeth Dec. 21 (BusinessDesk) - The Ministry of Business Innovation and Employment has officially reopened its investigation into whether China unfairly subsidises its steel exports, three months after the High Court ordered it back to the drawing board.  The ministry hasn't been convinced that Chinese government subsidies on steel products imported into New Zealand are big enough to damage the local industry. However, its reasoning was found wanting by Justice Jillian Mallon, who ordered MBIE to either reconsider an application b...