Gateway to the Australasian Steel and Metals Industry
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
February 19, 2025 Industry News Rio Tinto´s Strong Operating Performance Underpins 2024 Financial Results Rio Tinto has announced its 2024 financial results which show an underlying EBITDA of US $23.3 billion despite there having been an 11% drop in the price of iron ore. Rio Tinto´s Chief Executive, Jakob Stausholm, said: “We continue to build […]
February 24, 2025 Press Release Steel & Tube Positions For Return Of Demand Steel & Tube Holdings Limited has announced its results for the six months ended December 31, 2024 (1H25), as it continues to steadily navigate a weak economy and position itself for a return in demand. Chief executive, Mark Malpass, said: “Steel & […]
March 6, 2025 Steel Market Summary – International Protectionism In Vogue As China Struggles During the past 12 months, the international steel community has been highly critical of those naughty Chinese who´ve been “flooding” the market with their “cheap” steel. Chinese steelmakers have been demonised for “dumping” their product wherever it suits them. Part of […]
March 6, 2025 New Zealand News Reason For Optimism Contrasts With Harsh Reality In times of need, a mere glimmer of hope can take on larger-than-life proportions. Thus, the increase in home consents announced by Stats NZ on March 4 might well be latched onto as a sign that the New Zealand steel industry has […]
