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 […]
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-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-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-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-Aust 6 June25
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 […]