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 […]

IIC Feb24

February 6, 2024 Industry Insider Column Guest Author – David Roberts, Trading Director at Sanwa  Recognise The True Local Heroes In 1999, just before Arium shut down its Newcastle blast furnace, Australia produced approximately 8 million metric tonnes of steel per year and had a population of just under 19 million people. Now, almost 25 […]

Stainless Steel Feedstock Index

Stainless Steel Feedstock Index Stainless Steel Feedstock Index – EAF (AUD) Stainless Steel Feedstock Index – EAF (USD) The Stainless Steel Feedstock Index (SSFI) is a creation of the newsletter Australian Steel News (ASN). Whilst it doesn´t show the actual cost of buying stainless steel in the Australian marketplace, it does show the month-to-month change […]

SMS-Aust 18 Jan

January 18, 2024 Steel Market Summary – Australia Cricket Season Weighs On Market Activity By mid-January, a lot of people have somewhat reluctantly returned to work. However, with the cricket season still in full flight, their thoughts remain on captain Pat Cummins, or on the beach or at backyard bar-b-ques. In these entirely understandable circumstances, […]

SMS-Int Jan24

January 5, 2024 Steel Market Summary – International Volatile Year Ahead As Nippon Steel Buys US Steel New Year´s resolutions and predictions for the year ahead often fade into obscurity even before we reach February. But this doesn´t stop us making them. However, the wisest forecast to make is always: “It´s hard to predict…” And […]