‘Relying on luck for safety’: Whyalla steelworks losing $1.5m a day before administration

The Whyalla steelworks lost nearly $320 million in the seven months before it was tipped into administration by the South Australian government, with administrators airing concerns about maintenance and safety at the industrial plant. The Whyalla steelworks lost nearly $320 million in the seven months before it was tipped into administration by the South Australian government, with administrators airing concerns about maintenance and safety at the industrial plant. Steel, Corporate Governance, State and Territory Government Latest business news