Australian Steel Institute criticises Productivity Commission over imported steelwork
The Australian Steel Institute has strongly criticised a Productivity Commission interim report that found rising steel imports don't justify protective measures. The peak body expressed extreme disappointment with the findings.
Will cheaper imported steel hurt Australian builders and fabricators?
Builders and structural steel fabricators could face greater competition from cheaper imported steel, affecting local supply chains and project costs.
Key takeaways
- The Productivity Commission interim report concluded rising steel imports don't need protective measures.
- The Australian Steel Institute called the findings extremely disappointing.
- Local builders relying on domestic steel supply chains may feel the knock-on effects.
- No protective trade measures are recommended under the current interim findings.
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