IIC May24

May 6, 2024 Industry Insider Column Guest Author – David Roberts, Trading Director at Sanwa  Ambition Must Be Matched By Structure In August last year the federal government announced an ambitious plan to build 1.2 million new homes over the next five years. Fine. It was welcome news for the economy generally and for the […]

NZN May24

May 6, 2024 New Zealand News Uneasy Stand-off Distracts From Fletcher´s LowCO Success A widely reported proposal to axe jobs at Easysteel, a subsidiary of Fletcher Building, has cast a shadow over the official launch of Fletcher Living´s innovative residential project, LowCO. The aim of the LowCO project is to significantly reduce carbon emissions in […]

SMS-Int May24

May 6, 2024 Steel Market Summary – International Weak International Sentiment Faces Chinese Aggression Two major international organisations have offered a pessimistic view of the steel industry for the remainder of 2024 and into the near future. IREPAS and Eurofer both also say that increased exporting by China is making a bad situation worse. The […]

SMS-Aust 6 May

May 6, 2024 Steel Market Summary – Australia The Green Theme Is Gathering Steam Australia´s second largest pension fund, the $280 billion Australian Retirement Trust, has announced it will stop investing in most thermal coal companies from July onwards. Whilst the decision will not have a direct impact upon the steel industry in Australia, it […]

Stainless Steel SPF May24

Special Product Feature STAINLESS STEEL Market Commentary by:  ASSDA – Australian Stainless Steel Development Association The stainless steel industry in Australia plays a pivotal role in manufacturing, supplying critical infrastructure and serving hygienic applications such as pharmaceutical, food and beverage production. These are fundamental to our national safety and standard of living. Like much manufacturing in […]

SMS-Aust 18 Apr

April 18, 2024 Steel Market Summary – Australia World Steel Demand To Enter Growth Period Earlier this month the Prime Minister, Anthony Albanese, announced his plan for Australia´s manufacturing sector as our country and the world respond to the challenges of climate change and international supply chain disruptions. The details of the ambitious Future Made […]

Bisalloy April 18 News

April 12, 2024 Industry News Bisalloy Steels Joins US Nuclear-Powered Submarine Supply Chain Australian steel manufacturer, Bisalloy Steels, will process steel at its Port Kembla facility for Newport News Shipbuilding, a division of HII, the largest military shipbuilder in the United States and one of two US companies which designs and builds US nuclear-powered submarines. […]

Rio Tinto April 18 News

April 17, 2024 Industry News Rio Tinto´s 2024 First Quarter Operations Review Rio Tinto has announced its 2024 first quarter operations review, revealing that in the Pilbara it produced 77.9 million metric tonnes (Mm/t) of iron ore, of which Rio Tinto´s share was 66.1 Mm/t. This was 2% lower than the corresponding period of 2023. […]

SMS-Int Apr24

April 5, 2024 Steel Market Summary – International Politics, Prices And Going Green Dominate Politicians have the annoying habit of poking their self-interested noses into the normal flow of business and, by doing so, mucking things up. A case in point is the almost $15 billion acquisition of US Steel by Nippon Steel, announced last […]

NZN Apr24

April 5, 2024 New Zealand News All Change At The Top Of Fletcher Building In further news on the transition process at Fletcher Building, Nick Traber was due to assume the role of acting CEO of the company, effective from March 29. He will hold that position for an interim period until a permanent CEO […]