The Australian government is pouring millions of dollars into domestic steel production, which will be used across industries, ranging from armoured vehicles and patrol boats to wind turbines and large-scale solar installations. The $55.4 million (US$39.7 million) investment is part of the federal government’s $1.3 billion (US$930 million) Modern Manufacturing Initiative designed to support Australia’s manufacturing industries. The fund will go towards BlueScope Steel’s $217 million (US$156 million) Advanced Steel Manufacturing Precinct located one and a half hours south of Sydney around the Port Kembla steelworks, one of Australia’s largest industrial complexes. Industry Minister Angus Taylor said the facility would reduce the need for overseas imports, strengthening Australia’s domestic supply chains and steel security. “This precinct represents an incredible win-win—not only increasing the local production of Aussie-made steel but also helping build up our renewable energy and defence sectors,” Taylor said. BlueScope’s existing steelworks in Port Kembla dates back to …