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Safety concerns over fabricated Chinese steel flooding Australian market

The ABC ran a news story about the fact the the Australian Steel Industry has issued a warning over the quality of the steel coming into Australia and being used on large infrastructure projects. Many industry expects are unfortunately predicating a failure in some low quality steel, and could cause a catastrophe. As budgets tighten, companies are more and more looking to China to source steel for their projects. This looks good on paper, save a buck now, but could lead to a massive accident down the track. With the drop in the Aussie dollar, surely buying Australian steel is becoming a more viable option. Be Australian, buy Australian, look after our industry.


Read the full article here.