Steel Market Summary – Australia

February 18, 2026 Steel Market Summary – Australia Where To Australia In Steel Subsidising? The global challenge for 2026 is this: If anyone encounters a free market economy, immediately report it to the authorities, because it´s an endangered species in need of protection. In Australia, we spent much of 2025 (quite rightly) bemoaning the fact […]

SMS-Aust 6 Feb26

February 6, 2026 Steel Market Summary – Australia New BlueScope Steel Chief Sets Out 2026 Agenda It will be cold comfort to many Australians that higher mortgage repayments is the pain the Reserve Bank of Australia (RBA) inflicted upon them this week in order to avoid the even greater pain of rising inflation. At least, […]

SMS-Aust 18 Jan26

January 18, 2026 Steel Market Summary – Australia BlueScope Steel Takes Initiative In Buyout Battle  BlueScope Steel has announced it will return $438 million in surplus cash to shareholders in an unfranked special dividend of $1.00 per share. The dividend is due to be paid on February 24. In a statement to the ASX, BlueScope´s […]

SMS-Aust 6 Jan26

January 6, 2026 Steel Market Summary – Australia Kerry Stokes And US Partner Bid For BlueScope Steel  The Australian businessman, Kerry Stokes, has joined with the US company Steel Dynamics in a $13.2 billion bid for BlueScope Steel. The all-cash offer, which values BlueScope at $30 a share, was made on December 11 but only […]

SMS-Aust 18 Dec25

December 18, 2025 Steel Market Summary – Australia Early Christmas Gifts For Tomago And Tahmoor The Prime Minister, Anthony Albanese, has announced his government will partner with Tomago Aluminium and the NSW state government to ensure the aluminium smelter´s survival beyond 2028. In October, Tomago said its business would likely become unviable after its current […]

SMS-Aust 5 Dec25

December 5, 2025 Steel Market Summary – Australia Industry Seeks Government Intervention On Imported Steelwork Australia´s peak steel industry association, the Australian Steel Institute (ASI), has sought government assistance to stem a surge in low-priced, imported fabricated steelwork, which it says is threatening the local industry. On November 20, the ASI lodged a Safeguard application […]

SMS-Aust 18 Nov25

November 18, 2025 Steel Market Summary – Australia Steel´s Central Role In The Sovereign Capability Debate  InfraBuild has issued a rallying call to the steel industry and related sectors to support manufacturing in Australia. “We don’t just produce steel, we build futures. Every tonne of steel made here supports Australian jobs, fuels innovation and reinforces […]

SMS-Aust 6 Nov25

November 6, 2025 Steel Market Summary – Australia InfraBuild Reports $250 Million Loss As LPMA Goes Bust  In a week when the Reserve Bank of Australia decided to keep interest rates on hold and Jamie Melham became only the second female jockey to win the Melbourne Cup, Sanjeev Gupta´s GFG Alliance has attracted the steel […]

SMS-Aust 18 Oct25

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 […]

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 […]