The Indian manufacturing conglomerate that is one of two shortlisted to acquire the faltering Whyalla steelworks said the federal government should impose a tariff on imported high-carbon steel to support billions of dollars of investment in low-emission manufacturing.
Jindal Steel International director Harssha Shetty said the company was prepared to invest “significant” sums in South Australia if its bid for the Whyalla mill was successful under a plan to effectively replicate the $US2 billion ($2.8 billion) low-carbon iron and steel plant it built in Oman.
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