Press Release

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 & […]

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 […]

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, […]

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 […]

January 21, 2025 Press Release BHP´s Operational Review For Half Ended 31 December, 2024 BHP has announced its operational review for H1 of the year ended 31 December, 2024. It reported a strong underlying operational performance, with copper production up by 10%. BHP´s Chief Executive Officer, Mike Henry, said: “BHP delivered safe and reliable performance […]

January 16, 2025 Industry News Rio Tinto Closes 2024 With Solid Q4 Operations Rio Tinto has today released its 2024 Fourth Quarter Operations Review. Chief Executive, Jakob Stausholm, said: “Our operating performance in 2024 was good, consistent with our ongoing commitment to strengthen the business as we execute our strategy to deliver profitable growth. The […]

November 9, 2024 Industry News SCNZ 2024 Excellence In Steel Awards Steel Construction New Zealand (SCNZ) is pleased to announce the results of its 2024 Excellence in Steel Awards. The finalists were selected from a pool of more than 50 outstanding submissions across an impressive array of structural steel applications. Nearly 300 structural steel industry […]