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Arrium expects federal funds before poll

The administrators of troubled steel and mining group Arrium expect to receive federal funding before the July 2 election.

KordaMentha is meeting with commonwealth and South Australian governments in Adelaide on Tuesday to talk about its proposal for the steelmaker.

"Some of that funding is vital for the budget over the next year and we're selling the business based on the financial year 2017 forecast," Mark Mentha told AAP on Monday.