Thousands of South Australians are looking to the federal government for assurance as the future of Whyalla Steelworks operations remain uncertain. Whyalla’s owner, Sanjeev Gupta, chairman of GFG Alliance, was taken to court by Credit Suisse on Tuesday over the financial collapse of one of its biggest lenders, Greensill. Following its collapse, Credit Suisse is…
Future of Thousands of Steelwork Jobs in the Air
April 7, 2021
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Steelmaker Warns Jobs at Risk Without Higher Tariffs
April 6, 2021
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Steelmaker Molycop has warned it could lay off 300 jobs—over half of its Australian workforce—if the Anti-Dumping Commission does not agree to raise tariffs on Chinese competitors. President of Molycop’s Australian branch, Michael Parker, told The Australian that the company would consider ending local steel production and instead manufacture their products with cheap Chinese imported…
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