New Zealand News

April 7, 2025 New Zealand News Early Hints The Economy Is Crawling Out Of Recession New Zealand is navigating a complex landscape of financial challenges, shifting global trade dynamics and subdued demand – particularly in the construction sector – with “sticky” inflation in key operational areas. The country is also experiencing a relatively weak exchange […]

Steel Market Summary – International

April 7, 2025 Steel Market Summary – International Trump´s Tariffs Bring Turmoil To World Trade Not content with a 25% tariff on steel and aluminium being imported into the United States, Donald Trump used his self-proclaimed “Liberation Day” to announce a minimum 10% tariff on all products from all countries in the world – and […]

SMS-Aust 7 April25

April 7, 2025 Steel Market Summary – Australia Domestic Issues Impacted By Unwelcome Foreign Forces The Australian steel industry holds its breath as Whyalla wobbles and world trade is thrown into turmoil by Donald Trump´s tariffs. Meanwhile, InfraBuild has its own set of problems, as well. As previously mentioned in ASN, InfraBuild´s unaudited finances were […]

Fabricators SPF April25

Special Product Feature STEEL FABRICATORS Market Commentary by:  Mark Cain, CEO, Australian Steel Institute*  The Australian Steel Institute (ASI) is working with state and federal governments to support Australian steel fabricators and manufacturers who have been undercut by a surge in low-priced, imported fabricated steel. The action comes on the back of a 2024 survey […]

SMS-Aust 18 Mar25

March 18, 2025 Steel Market Summary – Australia InfraBuild Slides Under The Burden Of Its GFG Alliance In businesses large and small right around Australia the message from management to employees is the same: if you work hard and successfully, you´ll be rewarded as the company prospers. However, this theory can come unstuck if you´re […]

Sims March 18 News

February 25, 2025 Industry News Sims Limited Announces First Half Results Of Fiscal Year 2025 Sims Limited (the Group) today announced an underlying EBIT of $73.0 million in the first half of fiscal year 2025 (HY25). This was 184% higher than HY24, and was driven by a substantial improvement in the operating performance of the […]

InfraBuild March 18 News

March 12, 2025 Industry News InfraBuild´s Kinetic 5000 Revolutionises Steel Processing  Steel fabrication in Tasmania has taken a giant leap forward with the arrival of InfraBuild’s Kinetic 5000 plate processing machine at our Launceston Steel Centre. To mark the occasion, InfraBuild hosted a launch event which brought together more than 30 customers, industry leaders and […]

Fortescue March 18 News

February 20, 202 Industry News Fortescue Delivers Record Half Year Shipments Fortescue has announced its financial results for the half year to 31 December, 2024, being the first half of the 2025 fiscal year (H1 FY25). A record half year of shipments contributed to net profit after tax of US$1.6 billion and allowed a fully-franked […]

BlueScope March 18 News

March 6, 2025 Industry News BlueScope Steel Appointed Adviser To Whyalla Steelworks Administrators BlueScope Steel confirms today that the administrators of the Whyalla Steelworks group have appointed BlueScope as a steelmaking advisor to the administrators. Under the agreement, BlueScope will provide in-kind technical and operational support in an advisory capacity to the administrators as they […]

Scrap Metal SPF March 2025

Special Product Feature SCRAP METAL Market Commentary:  Brave New World For Scrap Metal In Australia  The future of the scrap metal industry in Australia is poised for significant transformation, driven by technological advancements, sustainability initiatives and evolving market dynamics. Improvements in sorting technologies, such as automated and AI-driven systems, are enhancing the efficiency and accuracy […]