As prices tumble and job cuts mount, the turmoil which has engulfed the steel industry in Australia is plain for all to see. By and large, the sector is undergoing a period of what can only be described as sheer turmoil. More than 3,000 jobs, including 1,150 full time employment positions and 450 contractor provisions within the steel division specifically, are under threat at Arrium's operations in Whyalla in South Australia. Last month, the company put its steel making plant there into 'care and maintenance' mode.
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