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 […]
Steel Market Summary – Australia
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 […]
SMS-Int July25
July 6, 2025 Steel Market Summary – International Uncertainty Rules As Tariffs Pause Reaches Its End All participants in the global steel industry are anxiously awaiting the July 9 end to the 90-day pause Donald Trump placed on his worldwide `reciprocal´ tariffs. As well as a 25% tariff on steel and aluminium products, plus a […]
SMS-Aust 6 July25
July 6, 2025 Steel Market Summary – Australia Whyalla Steelworks Under The Global Spotlight The South Australian Premier, Peter Malinauskas, has announced there are now at least 33 parties interested in acquiring the Whyalla Steelworks, the majority of them based overseas. Previously, KordaMentha, the administrator to the steelworks, had said there were up to 12 […]
SMS-Aust 18 June25
June 19, 2025 Steel Market Summary – Australia Whyalla Fights For Survival As GFG Spirals The South Australian Government has set aside another $384 million in the next financial year to keep the Whyalla Steelworks operational. The extra money has been allocated on the basis that the federal government will cover half the cost, according […]
SMS-Int June25
June 6, 2025 Steel Market Summary – International World Reacts As Trump Raises Tariffs To 50% Steel industry leaders and governments around the world have reacted with predictable dismay to the decision by Donald Trump to raise the tariffs on steel and aluminium imports into the United States to 50%. The increase took effect on […]