\u201cIt\u2019s very disappointing news,\u201d Mr Pyne told Leon Byner on FIVEAA after it was announced that Arrium had been placed into voluntary administration<\/a>.<\/p>\n \u201cBut out of this news we have to help rebuild the company so that the workers at Whyalla and all around Australia have a future in the steel industry,\u201d he said.<\/p>\n \u201cThe best way for the banks to receive their money back is for the business to trade out of its difficulties.\u201d<\/p>\n Mr Pyne said he believed there was enough local and international infrastructure project work to help keep Arrium in business.<\/p>\n \u201cGovernments need to have a very strong preference for Australian made products.<\/p>\n \u201cAny business that uses so-called Australian standard steel from overseas must certify that that steel is actually Australian standard, and not just pretending to be,\u201d he said.<\/p>\nLISTEN TO CHRISTOPHER PYNE HERE:<\/h3>\n