Articles tagged with Steel

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New Zealand Manufacturing Grows 14 Months Straight with Broad Industry Expansion

New Zealand's manufacturing sector has expanded for 14 consecutive months, with growth spreading across all main industry groups and regions, as reflected in the BNZ-BusinessNZ Performance of Manufacturing Index (PMI) reading of 53.1 for August. Increased new orders and solid production indicate positive momentum, supported by government initiatives like the Investment Boost to enhance productivity. Despite global uncertainties, New Zealand manufacturers are outperforming major economies, contributing significantly to employment, GDP, and exports while receiving strong governmental support.

Fast-Track Approval Granted for New Zealand’s Green Steel Manufacturing Plant

National Green Steel Limited’s structural steel manufacturing plant in Hampton Downs, Waikato, has been approved through the Fast-track process, aiming to produce 200,000 tonnes of recycled steel annually using low-carbon electric arc furnace technology. The project will reduce steel imports, enable local recycling of scrap metal, create about 200 skilled jobs, and support New Zealand’s infrastructure development by strengthening supply chains. This is the 13th project approved under Fast-track and the first infrastructure project involving steel manufacturing, reflecting industry readiness to invest in sustainable infrastructure solutions.

Dunedin Hospital Project Hits Milestone with Pile Capping Completion

The New Dunedin Hospital project has completed pile capping for the inpatient building, marking a major construction milestone and enabling progress to substructure work. Construction is advancing with the formation of basement and ground-floor slabs, preparation for steel framework installation, and coordination of mechanical, electrical, and plumbing systems. The project supports local employment and businesses, with over 900 jobs expected at peak construction and significant economic benefits for the Otago and Southland region.

Minister McClay Addresses US Tariffs: Impact on Kiwi Exporters & Strategies for Strengthening Trade

Minister Todd McClay met with US Trade Representative Jamieson Greer and Secretary of Agriculture Brooke Rollins in Washington to address New Zealand's concerns about US tariffs disadvantaging Kiwi exporters compared to other countries. Ambassador Greer acknowledged New Zealand's low tariffs on US goods and explained the recent 5 per cent tariff increase in relation to trade surplus, setting a new minimum tariff rate of 15 per cent for surplus countries. Discussions also included product-specific trade investigations and plans for trade officials to meet to assess tariff impacts and enhance exporter certainty, with future meetings scheduled during ASEAN Trade Ministers' Meeting and APEC Leaders' Summit to strengthen trade relations and combat harmful trade practices affecting dairy industries in both countries.

Major Milestone: Construction Progress on Dunedin's Innovative New Inpatient Building Accelerates

Work is back underway on Dunedin’s new inpatient building, marking a major step forward in the Government’s commitment to delivering this critical health project, Health Minister Simeon Brown says. “It’s great to be back in Dunedin to see physical works now underway again on the former Cadbury site. This visible progress clearly demonstrates our commitment to delivering this vital project.