Gateway to the Australasian Steel and Metals Industry
A steel market summary is a concise overview of the current state of the steel industry, highlighting key trends, developments, and factors influencing the supply, demand, and prices of steel. It provides a snapshot of the market’s conditions, helping industry participants, investors, and stakeholders to better understand the dynamics and make informed decisions.
A typical steel market summary might include information on the following aspects:
Supply and Demand: An analysis of the current balance between the production of steel and its consumption in various industries like construction, automotive, machinery, and infrastructure.
Price Trends: An overview of recent price movements for steel products, considering factors such as raw material costs, global demand, and market sentiment.
Economic Impact: How economic conditions, both on a global and regional scale, are affecting steel demand and investment decisions in the industry.
Raw Materials: An examination of the prices and availability of crucial raw materials, such as iron ore, coal, and scrap metal, and how these impact steel production costs.
Trade and Tariffs: Information on any trade policies or tariffs that are influencing the import and export of steel products between different countries.
Environmental Factors: How environmental regulations and sustainability initiatives are shaping the steel industry and influencing the adoption of cleaner practices.
Industry News: A summary of recent significant events, mergers, acquisitions, or major projects in the steel sector.
Future Outlook: An assessment of potential market trends and predictions for the near future based on ongoing developments and factors like economic forecasts and policy changes.
A steel market summary is a valuable tool for anyone involved in the steel industry, including manufacturers, distributors, traders, investors, and policymakers. It helps them stay informed about the latest developments in the market, anticipate potential challenges and opportunities, and make well-informed decisions to navigate the dynamic and competitive steel industry successfully.
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 […]
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 […]
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 Steel Market Summary – Australia Administrator Reveals Full Extent Of Whyalla Debt Crisis The administrator appointed by the South Australian Government to sort out the Whyalla steelworks mess has held its first meeting with creditors. On March 4, insolvency firm KordaMentha told the meeting the steelworks had been losing $1.5 million a […]
February 18, 2025 Steel Market Summary – Australia Shadow Of Tariffs Hangs Over BlueScope Steel Results BlueScope Steel has delivered a net profit after tax of $179 million for the six months ended December 31, 2024. This is a 59% decrease on the corresponding period in 2023. “Underlying earnings before interest and tax (EBIT) for […]
February 6, 2025 Steel Market Summary – International Steel Prices Await Backlash From Trump´s Trade War Initially, Donald Trump said there would be tariffs on a range of goods imported from Canada, Mexico and China. A levy of 25% on Canadian and Mexican imports as well as an additional 10% tax on Chinese goods would […]
February 6, 2025 Steel Market Summary – Australia Steel Markets Wary Of Tariffs Threat It´s too early to know if his bluff has been called. But…Donald Trump´s sweeping tariffs of 25% against Canada and Mexico – delivered with such fanfare on Saturday – were gone by Monday, struck down by resistance from Canada. One is […]
January 18, 2025 Steel Market Summary – Australia Steelmaking Resumes At Whyalla – For Now GFG Alliance, the parent company of the Whyalla steelworks, has announced steelmaking resumed at the plant on January 5. GFG´s global chief manufacturing officer, Theuns Victor, said bringing the four-month shutdown of the blast furnace to an end had been […]
January 6, 2025 Steel Market Summary – International Overcapacity And Trump To Dictate Steel Market In 2025 A Danish politician in the 20-century famously said: “It is difficult to make predictions, especially about the future”. He was referring to the difficulty in making accurate predictions. However, after China´s steel exports approached record levels in 2024, […]
January 6, 2025 Steel Market Summary – Australia Where To Whyalla And Australian Steel In 2025? On Christmas Eve, when the South Australian premier, Peter Malinauskas, declared to the assembled media that it would be a “national disaster” if the Whyalla steelworks were to close, he was in effect speaking directly to Sanjeev Gupta, the […]
