Levy on iron ore exports would test China's mettle - The Australian

When my wife decided she wanted a new clothesline this year, we thought we should buy the good-old, Aussie-invented Hills Hoist. Then we discovered that Hills Hoists are now Made in China. As they are made from galvanised steel, I suppose it made commercial sense for Hills to move production to where more than half of the world's steel is now produced.


Australia is the world's largest exporter of iron ore and coking coal - the two key ingredients that go into making steel. Yet we are now a net importer of steel, something that should be more widely acknowledged as a cause for national shame.


Modern times are known as the information age but it is steel that has unlocked the greatest economic advancement in history. Just 30 years ago, two of every three people in our region lived on less than US$1.90 per day. Today, less than 5 per cent of people live in such extreme poverty.

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  • Geoff Adams
    commented 2020-12-29 15:39:33 +1000
    Excellent article Matt and good luck implementing your strategy!
  • published this page in Opinion articles 2020-12-14 10:33:15 +1000

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