Australia's manufacturing sector is doomed to fail if state governments refuse to fix 15 years of failed gas policies, the nation's biggest steel manufacturer says.

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Despite ample LNG supplies for both exports and domestic users, industrial gas users in eastern states paid more than three times their competitors in the United States and Qatar, Bluescope Steel chief executive Mark Vassella said.

"Despite massive gas reserves, Australia has one of the highest wholesale gas prices, among producer nations in the world," he told the National Press Club in Canberra on Wednesday.

"We now have the bizarre situation in the eastern Australian market,

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