Labor Considers Local Steel Quotas For Major Projects

Jim Chalmers will travel to Washington tonight to meet with the US secretary of trade to discuss the threat of steel and aluminium tariffs.

A factory worker moves steel rods at the Multi Slide Industries manufacturing plant in Adelaide, Australia, on Aug. 12, 2013. Morne de Klerk/Getty Images

Labor is looking at introducing quotas for local steel in major projects to shelter the Australian steel industry after U.S. President Donald Trump announced future tariffs.

“We’re looking at the procurement part of this,” Treasurer Jim Chalmers told ABC’s Insiders.