Australia. Steel support package passes Senate

Australia. Steel support package passes Senate. The steel industry will receive a $300 million boost to help it adjust to the carbon tax, after the federal government's assistance package passed the Senate. Labor's steel transformation plan passed the house on Wednesday morning with the support of the Australian Greens. The Senate passed the carbon price package on Tuesday. The steel sector has suffered ongoing difficulties, including a high Australian dollar and the loss of 1000 jobs at BlueScope Steel.