Australia's manufacturing sovereignty at risk | 7NEWS
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Australia has lost key economic advantages as manufacturing shifts offshore and the steel industry faces pressure from cheap imported products. Despite exporting 900 million tonnes of iron ore annually—more than half the world's supply—Australia still imports 30 per cent of its steel. Experts warn that dependence on overseas supply chains and American artificial intelligence systems leaves Australia vulnerable to major disruptions from foreign decisions. Subscribe and set 🔔 » https://7news.link/YTSubscribe | For the latest Australian news and breaking news alerts, connect with 7NEWS online: Visit » https://7news.com.au 7Plus » https://7plus.com.au/ 7NEWS Podcast » https://open.spotify.com/user/dm9fk9hzoe68ibpttheragdgi Facebook » https://www.facebook.com/7NewsAustralia TikTok » https://www.tiktok.com/@7newsaustralia Instagram » https://www.instagram.com/7newsaustralia/ X » https://x.com/7NewsAustralia 7NEWS combines the trusted and powerful news brands including Sunrise, The Morni
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