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Ministry to probe wire dumping complaint

By NZPA

Monday 1st July 2002

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Construction company Fletcher Building said today it has called for an investigation into the alleged dumping of South African galvanised wire in New Zealand.

The probe, stemming from a complaint by Fletcher Building unit Pacific Wire, will be led by the Ministry of Economic Development's trade remedies group.

"Imports of galvanised wire landing here are being dumped and we believe our complaint of illegal pricing is well founded," Pacific Wire general manager Alan Pearson said today.

"We have no problem competing with fairly priced imports, but will vigorously defend our business against unfair trading behaviour."

If the ministry upholds the complaint, it can impose an anti-dumping duty or set an acceptable price on South African imports.

Otahuhu-based Pacific Wire has about 100 employees and is the country's only galvanised wire producer.

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