Gateway to the Australasian Steel and Metals Industry
December 18, 2024 Steel Market Summary – Australia Subdued Year Ends With Further Uncertainty When the Federal Treasurer, Jim Chalmers, gave his rather glum forecast this week for the overall Australian economy in 2025, he could just as easily have been referring to the steel industry specifically. Indeed, the health of the steel industry is […]
December 17, 2024 Industry News BHP, BlueScope Steel & Rio Tinto To Develop ESF Pilot Plant Australia’s two largest iron ore miners and its biggest steelmaker have selected the Kwinana Industrial Area, south of Perth, as the location to develop Australia’s largest ironmaking electric smelting furnace (ESF) pilot plant. The groundbreaking project combines the expertise […]
November 25, 2024 Industry News CSIRO Electrolyser Pilot Successful At Port Kembla Steelworks Australia’s national science agency, the CSIRO, has successfully trialled its game-changing hydrogen production technology at BlueScope Steel´s Port Kembla Steelworks (PKSW), demonstrating affordable and renewable hydrogen can be generated at scale to help decarbonise heavy industry. The CSIRO’s tubular solid oxide electrolysis […]
November 21, 2024 Industry News ASI National Steel Excellence Awards Australia’s best and brightest steel designs have been honoured at a gala awards dinner in Sydney. Forty-eight state and territory winners competed in the 2024 Australian Steel Institute (ASI) National Steel Excellence Awards in six categories, with winners and high commendations as follows: The Large Buildings […]
November 9, 2024 Industry News SCNZ 2024 Excellence In Steel Awards Steel Construction New Zealand (SCNZ) is pleased to announce the results of its 2024 Excellence in Steel Awards. The finalists were selected from a pool of more than 50 outstanding submissions across an impressive array of structural steel applications. Nearly 300 structural steel industry […]
December 6, 2024 New Zealand News Rate Cut A Relief For Struggling Steel Industry In characteristic Kiwi style, the Reserve Bank of New Zealand´s decision in late November to lower its official cash rate (OCR) by 50 basis points was a bold move and contrary to the hesitancy being shown by most central banks around […]
December 6, 2024 Steel Market Summary – International Global Steelmakers Ranked By Renewable Energy Use Steelmakers around the world are failing miserably in making the switch towards low-carbon production, according to a report by the Sydney-based climate group, Action Speaks Louder (ASL). The report titled “Testing the Mettle: Ranking Steel Companies´ Current Renewable Energy Use” […]
December 6, 2024 Steel Market Summary – Australia Christmas Gift For Whyalla, But No Festive Season GFG Alliance, the parent company of the Whyalla steelworks, says it has secured $153 million in funding from an un-named major global credit fund. “The milestone funding initiative will bolster cash flow and part of the proceeds will be […]
November 18, 2024 Steel Market Summary – Australia Second Coming Of Trump Heralds Volatile Era Donald Trump wants to re-shape the world in his own image: and this time he´s not going to pussy-foot around. His decision-making over the next four years won´t be restrained by the fear of electoral consequences – because the constitution […]
October 21, 2024 Press Release Vulcan Steel´s Revenues Fall 13% In Tough Conditions Vulcan Steel has announced a market update on trading conditions and the company’s performance for the September quarter 2024 (1Q FY25) based on unaudited management accounts. Key points are: Revenue fell 13% year-on-year to NZ$263.1 million in 1Q FY25 (from NZ$304.0m in […]
