Steel Market Summary – Australia

October 17, 2025 Steel Market Summary – Australia World Steel Association Short-Range Outlook The World Steel Association (WSA) has released its Short-Range Outlook for global steel demand in which it predicts demand will bottom out in 2025 and show moderate growth next year. Specifically, the Outlook expects worldwide steel demand to reach 1,750 million metric […]

Steel Market Summary – International

October 6, 2025 Steel Market Summary – International European Union To Apply 50% Tariffs And Lower Quotas It is being reported that the European Commission on behalf of the European Union is set to propose cutting steel import quotas by nearly half and then introducing a 50% tariff on volumes above those revised quota levels. […]

SMS-Aust 6 Oct25

October 6, 2025 Steel Market Summary – Australia As InfraBuild Expands, BHP Comes Under Pressure InfraBuild has announced it has taken delivery of two new electric arc furnace (EAF) bowls at its Laverton melt shop in Victoria. The additions are part of an investment program which aims to increase the site´s production by 25% to […]

SMS-Aust 18 Sept25

September 18, 2025 Steel Market Summary – Australia Steel Industry Condemns High Energy Prices The two major steelmakers in Australia – BlueScope Steel and InfraBuild – plus the Australian Steel Institute (ASI), have claimed the local steel industry is struggling for viability due to exorbitant energy prices and cheap foreign steel imports. Their concerns are […]

SMS-Int Sept25

September 5, 2025 Steel Market Summary – International Most Trump Tariffs Illegal, As Chaos Continues In the United States, the Court of Appeals for the Federal Circuit ruled on August 29 that most of the “reciprocal” tariffs Donald Trump announced on April 2 were illegal. The Court said Trump had overstepped his presidential authority when […]

SMS-Aust 5 Sept25

September 5, 2025 Steel Market Summary – Australia BlueScope Steel Loses Appeal Against Cartel Penalty The Full Federal Court has dismissed appeals by BlueScope Steel and its former general manager of sales and marketing, Jason Ellis, against earlier Federal Court decisions in a civil cartel proceeding brought by the Australian Competition and Consumer Commission (ACCC). […]

SMS-Aust 18 Aug25

August 19, 2025 Steel Market Summary – Australia Profit Plunge, But BlueScope Steel Optimistic BlueScope Steel has recorded a 90% plunge in after tax profit for the financial year to June 30, 2025 (FY2025). Profit dropped to $83.8 million from $805.7 million achieved the year before. Underlying EBIT of $738.2 million for FY2025 was $601.0 […]

SMS-Int Aug25

August 6, 2025 Steel Market Summary – International Slow-Burn Dangers Of Trump´s Trade War The chaotic manner in which the US President, Donald Trump, has prosecuted his global trade war in recent months has had many obvious effects. His fluctuating and exaggerated tariff rates have caused confusion and dismay in equal measure. However, aside from […]

SMS-Aust 6 Aug25

August 6, 2025 Steel Market Summary – Australia BlueScope Steel Consortium In Bid For Whyalla Steelworks Australia´s BlueScope Steel has announced it will lead an international consortium to participate in the Whyalla Steelworks sale process. In a release to the Australian stock exchange on August 4, BlueScope said it had reached a collaboration agreement with […]

SMS-Aust 18 July25

July 18, 2025 Steel Market Summary – Australia Green Steel At The Centre Of Sino-Australia Relations The Prime Minister, Anthony Albanese, has emphasised the pursuit of green steel and decarbonisation as vital in strengthening the bond between our two countries, during his six-day visit to China. Specifically, in a visit which was saw Mr Albanese […]