Where on Earth did you 'discover' that the world wants or needs Australian steel? We produce 4.5 million tons per year.Germany produces 45 and Japan 95 million tons.Of course these fools can't produce the same quality as us.Australia is about the 30th largest steel producer at present.(I have not given Chinese and Korean production figures,but they are huge)
If Australian production ceased tomorrow it would no difference to the rest of the world.
ARI Price at posting:
1.7¢ Sentiment: Sell Disclosure: Not Held
