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They could process it themselves and consume or export those higher value materials
by creato 2y ago
They could process it themselves and consume or export those higher value materials
- defrost 2y agoSee: https://news.ycombinator.com/item?id=42593404 https://news.ycombinator.com/item?id=42593404 Australia itself doesn't have the demand for that much steel internally - China does (and exports its excess production).
- grecy 2y ago> and exports its excess production Which is exactly what Australia could do if it made a bunch of steel.
- bigfatkitten 2y ago> China does (and exports its excess production). With no small amount of it exported to Australia.