The steel industry is a major sector of Australia's economy and supports approximately 100,000 jobs directly and indirectly. Recent announcements by the Government to establish the Steel Transformation Plan (STP) provide welcome acknowledgement of the importance of a vital and world-class steel-manufacturing sector. Traditional domestic markets for steel, such as Manufacturing, Industrial Buildings, Commercial Buildings, Automotive and Residential Building remain under considerable growth pressure. The Industry is therefore looking to domestic growth markets that can satisfy both the steel-making and fabrication capacity in the market for the next decade. It should come as no surprise that the industry has identified the Resources Sector as that market. By Australian Steel Institute, August 2011.
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