InfraBuild Feb 18 News

February 14, 2025 Industry News InfraBuild Maintains Production During Testing Times InfraBuild has said the demand for steel continues to be subdued with manufacturers internationally adjusting or halting production levels as capacity far exceeds global demand. Here in Australia, we have not been immune to this adjustment in steel demand with the residential building sector […]

Next Steel Market Summary – Australia

February 18, 2025 Steel Market Summary – Australia Shadow Of Tariffs Hang Over BlueScope Steel Results BlueScope Steel has delivered a net profit after tax of $179 million for the six months ended December 31, 2024. This is a 59% decrease on the corresponding period in 2023. “Underlying earnings before interest and tax (EBIT) for […]

BlueScope Feb 18 News

February 17, 2025 Industry News BlueScope Steel Delivers 1H FY2025 Underlying EBIT of $309 Million BlueScope Steel today reported 1H FY2025 net profit after tax (NPAT) of $179.1 million, a $260.2 million decrease on 1H FY2024. Speaking to the result, Managing Director and CEO, Mark Vassella said, “Underlying EBIT for the half was $308.8 million, […]

BHP Feb 18 News

January 31, 2025 Press Release BHP Awards Contract For Copper SA Expansion  BHP has awarded an engineering, procurement and construction management (EPCM) contract to a joint venture between Fluor Australia and Hatch, to support the proposed expansion of its copper smelter and refinery facilities in South Australia. The contract will be executed in stages as […]

New Zealand News

February 6, 2025 New Zealand News Slide In Home Consents Bodes Poorly For Steel Industry International events are sometimes more newsworthy than domestic events, even when the local situation is of high importance. For this reason, the steel industry is paying close attention to Donald Trump´s shenanigans with his “on again, off again” tariffs. The […]

Steel Market Summary – International

February 6, 2025 Steel Market Summary – International Steel Prices Await Backlash From Trump´s Trade War Initially, Donald Trump said there would be tariffs on a range of goods imported from Canada, Mexico and China. A levy of 25% on Canadian and Mexican imports as well as an additional 10% tax on Chinese goods would […]

Steel Market Summary – Australia

February 6, 2025 Steel Market Summary – Australia Steel Markets Wary Of Tariffs Threat It´s too early to know if his bluff has been called. But…Donald Trump´s sweeping tariffs of 25% against Canada and Mexico – delivered with such fanfare on Saturday – were gone by Monday, struck down by resistance from Canada. One is […]