Gateway to the Australasian Steel and Metals Industry
The “Steel Market Summary about Australia” is a brief overview of the steel industry’s current state in Australia. It includes insights into steel production, consumption, and major demand drivers within the country. The summary highlights the impact of economic conditions and government policies on the steel market. It also covers key challenges and opportunities, providing a glimpse of the industry’s future outlook in Australia. For the most up-to-date information, refer to recent reports and sources.
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). […]
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 […]
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 […]
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 […]
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 […]
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 […]
June 6, 2025 Steel Market Summary – Australia Local Fabricators Rally Against Imported Steel An existing problem for Australian steel fabricators has been made worse by Donald Trump´s decision to double tariffs to 50% on steel and aluminium being imported into the United States. By raising the barrier to entry from June 4 onwards, Trump […]
May 18, 2025 Steel Market Summary – Australia Local Steel Fabricators Under Foreign Pressure The Australian Steel Institute (ASI) says it´s working with state and federal governments to support Australian steel fabricators and manufacturers who have been undercut by a surge in low-priced, imported fabricated steel. The action comes on the back of a 2024 […]
May 6, 2025 Steel Market Summary – Australia Labor´s Election Triumph Encouraging For Steel Industry The electoral victory of Anthony Albanese has given some stability to the economic future of Australia and, as a consequence, to the steel industry. Principal among the beneficiaries of Labor´s success will be the Whyalla Steelworks which, it must be […]
April 18, 2025 Steel Market Summary – Australia Government And Industry Take Arms Against Tariffs The Federal Government and the Australian Steel Institute have both called for stronger action to be taken to combat the direct and indirect consequences of Donald Trump´s global trade war. The Prime Minister, Anthony Albanese, said Australia will bolster its […]
