New Zealand's Ministry of Business, Innovation and Employment (MBIE) has announced that it has initiated an antidumping (AD) investigation regarding certain hollow steel sections (HSS) imports from China and Malaysia and a countervailing duty (CVD) investigation for the same products imported from China.
The investigations were launched upon the complaint from local hollow steel sections producer NZ Steel, claiming that the alleged dumping of the mentioned products from China and Malaysia and the alleged subsidization of the same products from China is causing the company material injury principally through price undercutting and price depression.
On the basis of its analysis, MBIE concludes that for the purposes of initiation there is sufficient evidence that the domestic industry is being materially injured by allegedly dumped imports of HSS from China and Malaysia and subsidized imports from China.
The products subject to investigation are certain electric resistance-welded pipe and tube made of carbon steel, comprising circular and noncircular hollow sections, collectively referred to as hollow steel sections, currently falling under Customs Tariff Statistics Position Numbers 7306.30.19 and 7306.61.00.