21 Nov 2011

Closure of steel plant under consideration

11:06 am on 21 November 2011

OneSteel says closure of its Whyalla plant in South Australia is among a range of options under consideration.

The ABC reports the the company's steel manufacturing division is being reviewed after it recorded a $A185 million loss last financial year.

OneSteel says the financial situation is unsustainable and it is looking at a range of options to turn that around.

More details are to be given at the company's annual general meeting in Sydney.