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Queensland steel suppliers call for infrastructure firms to buy local26 Jul 2011Source: Sydney Morning Herald
The industry's peak organisation, the Australian Steel Institute, said Australian firms cannot compete against the cheaper labor costs from overseas steel suppliers. They now worry that future "clean energy" projects will be built off-shore and shipped to Australia. "Australian fabrication plants and engineering services are largely locked out of many of the jobs and investment that is being made and there is little return for Australian manufacturing from these large scale resource projects," he said. The ASI will soon launch a "lost tonnes" campaign to measure the declining share of the market won by local firms as imported steel erodes their base. |