STEEL IN AUSTRALIA
Steel has a vital and prominent role in Australia’s economic growth and prosperity. The industry has an annual turnover of around $30 billion and directly employs more than 125,000 Australians. Approximately 5.7 million metric tonnes of steel are produced in Australia each year. In excess of 1.5 million metric tonnes are imported annually. Australia´s export of iron and steel was worth US$1.54 billion during 2022, according to the United Nations COMTRADE database on international trade. Since 1969 steel production in Australia has averaged 578,000 metric tonnes per month. It reached an all-time high of 819,000 metric tonnes in March of 1998 and a record low of 238,000 metric tonnes in March of 2009. Many downstream sectors rely heavily on steel.
As well as local steel manufacturers, importers and distributors, the Australian steel industry also encompasses fabrication activities. This involves the shaping of steel components to create products for construction and infrastructure, plus vital parts for the automotive and aerospace industries. Through its advanced manufacturing capabilities, Australia has established itself as a prominent player in the global metals market.
Australia´s abundant reserves of iron ore – the key ingredient in the steelmaking process – has allowed us to become the major supplier of that commodity to China, which in turn produces 60% of the world´s crude steel. This symbiotic relationship helps to secure our essential position in the global steel market.
Nowadays, as the search for “greener” steelmaking gathers pace, Australia is a leader in that innovative process. Likewise, thanks to a vast network of scrap metal merchants around the country, our ability to recycle steel is contributing to the sustainability of the vital steel and metals industries.
All the latest news, prices and general information from the steel and metals industry is supplied to AustralianSteel.com by its companion platform, the twice-monthly newsletter, Australian Steel News (ASN).
The newsletter, which is sent free-of-charge to its readership, provides detailed coverage of pricing for long and flat steel products, stainless steel, scrap metal, ferro alloys and non-ferrous metals. In every issue, ASN includes an analysis of international pricing and production trends, as well as coverage of all domestic construction and economic data. It is a forum where new product releases can be promoted and old ideas tested.
Australian Steel News is the only fully independent voice in the steel and metals industry in Australasia. It is a trusted source for steel industry executives. If you would like the newsletter to arrive free into your email inbox, simply email [email protected] and ask to be placed on the readership list.
SPECIAL PRODUCT FEATURES
AustralianSteel.com regularly publishes Special Product Features highlighting industry providers in key steel and related areas such as: long and flat steel products, scrap metal, stainless steel, wire products, steel traders, transport, etc. A Special Product Feature is rather like a directory of service providers around the country. It´s a great opportunity to promote your business!
How It Works. For a modest entry fee which is the same for everyone, you supply us with your company logo and 200 words written by you about your business. Tell the readers what makes your business better or the best! Your entry in the Special Product Feature will remain visible on AustralianSteel.com for 12 months. Your logo will be linked to your website.
Step One is to contact AustralianSteel.com´s national advertising manager, Marni Groves, on 0412255150 or via [email protected] And remember – the first company to commit to a feature will appear at the top of its listing. To view the Special Product Feature on scrap metal published in October, click here. To view the recently published Special Product Features on wire products, click here.
The steel and metals industries in Australia and New Zealand are well served by a wide range of peak associations and advisory groups. Such organisations often conduct research and provide education services to their members. Other activities include developing statistics; sponsoring quality and certification standards; providing market summaries; hosting expos; and lobbying public officials on behalf of members.
Associations also offer great networking opportunities – especially to newcomers to an industry, who may be unaware of some regulations and legal obligations. Joining an industry association is not only an easy way to build new relationships and create opportunities for growth: it can also help expand your knowledge base of your industry.
During the Covid-19 pandemic, industry associations played a vital role in supporting their members. It is projected that associations will become increasingly important for both individuals and businesses over the next five years, as both attempt to navigate the post-pandemic environment.
To see our list of prominent associations and useful websites, select your preferred country.