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STRUCTURAL REFORM: Best Bar has supplied steel for the Subiaco Hotel and office project. Photo: Best Bar

Steel industry protection could cost

Hasty protectionism of uncompetitive businesses can have a magnified impact on other companies.

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South Australia
So let's rebuild our steel and distribution and employ those displaced by best bar. His economics just don't stack up! Value adding is the basis of economics also we should insist our steel is the greenest it can be!!!

It doesn't stack up to spend billions subsidizing a dying industry. As the article says, many more people will lose their jobs because of this protectionist garbage... why not re-employ the people who are displaced when Arrium goes under instead of three times as many at other companies?

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