The Institute stated that the current influx of imported finished steel structures disrupts the domestic steel supply chain, putting competitive pressure on local producers and undermining established production facilities. According to ASI, the scale and speed of the surge in imports pose a threat to the viability of many Australian manufacturing firms.
In light of this, the organization has submitted an application for protective measures on behalf of the sector to the Minister of Industry. It argues that emergency measures are needed to stabilize the market and prevent further damage during the investigation.
Security mechanisms are required
The ASI proposal calls for the introduction of a tariff quota (TRQ) structured around import levels that existed before the surge in imports, with any volumes exceeding this quota subject to a 50% tariff. The institute stated that, in its opinion, this mechanism will reduce the price gap between imported metal structures and materials of domestic production, helping to restore a competitive balance.
The next procedural steps depend on the Government's decisions. If the Minister of Industry supports the request for protective measures, the case will be referred to the Treasurer, who must also give permission for the investigation to continue. If approved, the case will be referred to the Productivity Commission, which will set up a commission to examine evidence, gather information, evaluate personal injury claims, and make recommendations.
Given the seriousness of the situation, ASI calls for all steps, redirection, analysis and decision-making to be carried out with maximum urgency in order to protect domestic manufacturing enterprises from further harm.
