Monday, May 11, 2009

BlueScope Steel Australia awarded navy contract

CANBERRA, May 11 (Xinhua) -- Australian Prime Minister Kevin Rudd announced on Monday that Australia's steel producer BlueScope Steel was awarded a 20 million Australian dollars (14.6 million U.S. dollars) contract to supply steel for Australia's three new navy air warfare destroyers.

"This is a great achievement. Australian steel for Australian ships for Australian defence, that's what we're here today to celebrate," Rudd told reporters.

According to the Australian Associated Press, the contract will run over six years with BlueScope Steel to produce around 3,000 tonnes of steel per ship.

"Through this new contract they (BlueScope) will support jobs for Australian workers and flow-on economic benefits for their communities," Rudd said.

Rudd said the 8 billion Australian dollars (6 billion U.S. dollars) project would see the first of the three ships delivered in 2014, the largest defence project in Australia's history.

BlueScope Steel is a flat product steel producer with operations in Australia, New Zealand, Asia, the Pacific and North America.

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