Global Trade Alert
Global Trade Alert

New Zealand: Government provides funding of NZD 140 million to New Zealand Steel

Announcement

22 May 2023

On 22 May 2023, the New Zealand government announced a funding of NZD 140 million towards New Zealand steel for the installation of an electric arc furnace.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

22 May 2023

Revocation date:

No revocation date

Updated: 22 May 2023
Financial grant In force

On 22 May 2023, the New Zealand government announced a conditional agreement with New Zealand Steel for a financial grant of NZD 140 million (approx. USD 87.8 million) towards the beneficiary firm'...

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