NZ govt probes alleged steel dumping by China, Malaysia

KUALA LUMPUR: The New Zealand government has launched an investigation into the alleged dumping of certain steel products from China and Malaysia.

New Zealand's Ministry of Business, Innovation and Employment announced the initiation after it had received an application from its industry providing sufficient evidence to justify the need for investigation.

The probe is under section 10A of the Dumping and Countervailing Duties Act 1988.

The goods involved certain electric resistance welded pipe and tube made of carbon steel, comprising circular and non-circular hollow sections, collectively referred to as hollow steel sections.

In a separate statement, the ministry had also launched a probe into the alleged "subsidisation" of certain hollow steel sections from China.