Steel & Tube July 5 News

June 14, 2024 Industry News Steel & Tube FY24 Guidance And Trading Update Steel & Tube Holdings Limited has today provided earnings guidance for the financial year ending 30 June 2024 (FY24) and an update on trading for the eleven months of the year to date. The company is performing well relative to a challenging […]

Fortescue July 5 News

June 18, 2024 Industry News Fortescue Welcomes Chinese Premier Li Qiang In Perth Fortescue has welcomed H.E. Li Qiang, Premier of the State Council of the People’s Republic of China, to its green technology and test facility in Perth, marking an historic moment in the company’s two-decade business relationship with China. Fortescue´s executive chairman, Dr […]

FDC June 18 News

June 13, 2024 Press Release FDC and Macquarie Data Centres To Construct IC3 Super West FDC Construction has been appointed the main build contractor for the Macquarie Data Centres newest facility, IC3 Super West. When completed, the facility will offer customers AI densities, resilient data halls, dedicated office space and storage. The project is expected […]

SMS-Aust 18 June

June 18, 2024 Steel Market Summary – Australia Port Kembla Plate Mill Upgrade Approved  The NSW Government has given planning approval for a major refurbishment of BlueScope Steel’s Port Kembla plate mill. The $300 million project will involve replacing two of the existing furnaces with a newer and more energy-efficient alternative, upgrading infrastructure, and modernising […]

SMS-Int June24

June 6, 2024 Steel Market Summary – International Carbon Pricing – An Opportunity Within A Levy? At a time when respected Australian academics and commentators are pointing to the European Union´s carbon border adjustment mechanism (CBAM) as a model for fixing an Australian carbon price, South Africa has announced it may lodge a formal complaint […]

Rio Tinto June 6 News

June 4, 2024 Industry News Rio Tinto To Invest $215 Million In BioIron Process Rio Tinto will invest $215 million to develop a research and development facility in Western Australia to further assess the effectiveness of its low-carbon ironmaking process, BioIron. The development of the BioIron Research and Development Facility in the Rockingham Strategic Industrial […]

Tiwai Point June 6 News

May 31, 2024 Industry News Tiwai Point Aluminium Smelters Future Secured New Zealand Aluminium Smelters (NZAS) has signed 20-year electricity arrangements that secure the future of the Tiwai Point aluminium smelter to continue competitively producing high-purity, low-carbon metal, backed by a diversified mix of renewable electricity from New Zealand’s South Island. NZAS, which owns and […]

BlueScope June 6 News

May 28, 2024 Industry News BlueScope Steel Supports The Sale Of Illawarra Metallurgical Coal BlueScope Steel today waived its pre-emption acquisition rights under its long-term coal supply agreement (CSA) relating to South32’s Illawarra Metallurgical Coal division (IMC), and supports the sale of IMC to an entity owned by Golden Energy and Resources Pte Ltd (GEAR) […]

ASSDA June 6 News

May 24, 2024 Industry News ASSDA Triumphs At 2024 World Stainless Industry Awards We are thrilled to share that ASSDA has proudly received the Bronze Award in the Market Development category at the prestigious 2024 Stainless Steel Industry Awards, hosted by World Stainless. The award ceremony, held on 23 May 2024 in Istanbul, Türkiye, marks […]

Fletcher June 6 News

May 13, 2024 Industry News Fletcher Building Market Update (This is a shortened version of the market update issued by Fletcher Building) Market conditions across the Company’s Materials and Distribution1 divisions have weakened throughout FY24. In New Zealand, market volumes to date in 2H24 have moved 5% lower than 2Q24, and in Australia market volumes […]