NZ Steel undercut by dumped Malaysian product, Chinese imports still okay: MBIE

NZ Steel undercut by dumped Malaysian product, Chinese imports still okay: MBIE
Paul McBeth
By Paul McBeth Aug. 14 (BusinessDesk) - BlueScope Steel-owned NZ Steel is being undercut by Malaysian products dumped in the local market, says the Ministry of Business, Innovation and Employment.  The ministry was asked to investigate fresh claims by the Australian-owned steel maker that Malaysian and Chinese exports of hollow steel sections (HSS) were being dumped in the local market, and that China unfairly subsidises its steel industry, undercutting the local manufacturer. The probe into Chinese steel products is MBIE's third during t...