I've always wondered why Australia didn't dominate this space . We have the resource and the energy . Surely all those transportation costs ( China and back ) could've offset some of the labour and pollution costs from here .
Our more expensive labour costs are used to get the raw product to the ship . The labour required in the steel mill is pretty small so I wouldn't have thought that should cost too much .
Hopefully Gupta will set the example and other industries that can lever off his business here by setting up locally .
