Hhhmm, so you think that money should be taken from profitable...

Hhhmm, so you think that money should be taken from profitable businesses to prop up nonprofitable business?? If a business isn't viable then it won't last.

If the government are going to introduce a super profits mining tax then I would hope to see the money plowed into health, education and other worthwhile infastructure rather than propping up businesses who lose money.

It is very sad to see but there is probably no future for 2 competing steelmakers in Australia. BSL have many overseas interests so are still a viable business but cannot carry the losses they make in Australia forever.