SMS-Aust 18 Feb

February 19, 2024 Steel Market Summary – Australia Green Steel Edges Closer To An Economic Reality The management of a fundamental source of Australia´s economic prosperity should – and will – change in the very near future, according to two eminent Australians. Renowned economist, Professor Ross Garnaut, and economic public policy expert, Professor Rod Sims, […]

Rio Tinto Feb 9 News

February 9, 2024 Industry News Rio Tinto In Partnership with BHP and BlueScope Steel Australia’s two largest iron ore producers and its biggest steelmaker have partnered in their efforts to accelerate the decarbonisation of steelmaking by agreeing to jointly investigate the development of the country’s first ironmaking electric smelting furnace (ESF) pilot plant. The collaboration […]

Steel & Tube Feb 7 News

January 12, 2024 Industry News Steel & Tube Shines In Forsyth Barr´s 2023 C&ESG Ratings  Steel & Tube is delighted to announce an improved ranking in Forsyth Barr’s second annual Carbon & Environmental, Social, Governance (C&ESG) ratings for 2023, scoring in the top 30% of surveyed listed companies in New Zealand. Forsyth Barr’s annual C&ESG […]

Sims Feb 7 News

January 17, 2024 Industry News Sims Limited Named World´s Most Sustainable Corporation  Sims Limited, a global leader in metal recycling and the provision of circular solutions for technology, has emerged as 2024’s most sustainable corporation on Corporate Knights’ Global 100 index. This is the company’s tenth and highest ranked inclusion on the list. “We are […]

InfraBuild Feb 7 News

January 31, 2024 Industry News GFG Alliance Welcomes Clean Energy Funding GFG Alliance has welcomed the Australian Federal Government’s decision to allocate $200 million to help future-proof regional steel manufacturing in Australia. GFG Executive Chairman, Sanjeev Gupta, said: “Today’s positive announcement that Liberty Steel Australia has secured funding of $63.2 million from the Albanese government’s […]

Fortescue Feb 7 News

January 25, 2024 Industry News Fortescue Metals December 2023 Quarterly Production Report Fortescue Metals has released its production report for the December quarter of 2023. The company´s Chief Executive Officer, Dino Otranto said: “We continue to deliver strong operational performance while making tangible progress towards our ambitious decarbonisation and green energy targets. It’s been another […]

BlueScope Feb 7 News

January 31, 2024 Industry News BlueScope Steel Receives Powering The Regions Funding The Federal Government today announced that BlueScope Steel has been successful in its application for grant funding in the first round of the Powering The Regions Fund (PRF), as part of the Critical Inputs To Clean Energy Industries (CICEI) program. Under the grant, […]

NZN Feb24

February 7, 2024 New Zealand News Fall In Housing Consents Bodes Poorly For Steel Industry Falling inflation and the likelihood of interest rate cuts later this year will both be welcomed by the overall New Zealand economy. However, the anti-inflation measures taken during 2023 are now having their full and adverse effect on the steel […]

SMS-Int Feb24

February 7, 2024 Steel Market Summary – International The Swirling Currents Of Global Steel Trade Amid the shifting fortunes of the post-pandemic steel world, India´s growing status as a producer and consumer holds the most intrigue. Whilst still a long way behind China´s 2023 crude steel production level of 1,019 million metric tonnes, India´s 140.2 […]

SMS-Aust 7 Feb

February 7, 2024 Steel Market Summary – Australia Steel Industry Receives $200M In Clean Energy Drive The Federal Government has announced the allocation of $200 million in total funding to BlueScope Steel and Liberty Steel Australia (parent company of InfraBuild) as part of its Powering The Regions Fund. The grants are the first to be […]