Steelworks sale on track despite hit on state budget

The SA budget has taken a hit to prop up the embattled Whyalla Steelworks until a buyer is found. (Isabella Ward/AAP PHOTOS)

The sale of an embattled steelworks is progressing better than the state government had hoped, despite the toll on the budget of propping up the business.

In the wake of the South Australian budget being handed down and the state being forced to absorb costs in keeping the Whyalla steelworks alive, Premier Peter Malinauskas is positive about the sale of the company.