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New Steel Plant Boosts Waikato Economy | Auckland News

New Steel Plant Boosts Waikato Economy | Auckland News

Published 3 days, 11 hours ago
Description

National Green Steel is launching a $100M+ steel plant in Waikato, set to slash NZ’s steel imports and foreign exchange losses by $320M annually. Built on 53 hectares, it’ll recycle local scrap using ultra-low-emission electric furnaces — a game-changer for sustainability and the circular economy. Visionary founder Vipan Garg, who moved to NZ in 1995, aims to create 200 skilled jobs and position the region as a hub for advanced manufacturing. The Prime Minister hailed it as a landmark step toward domestic resource processing and a greener future for NZ’s construction industry.

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