Gateway to the Australasian Steel and Metals Industry
July 18, 2024 Steel Market Summary – Australia New Dwellings Up, Whyalla Back A slight increase in the number of new dwellings commenced in the March quarter is welcome news for the steel industry. However, the eye-catching figure within the modest 0.5% overall rise was the increase in new private sector house commencements which rose […]
July 11, 2024 Press Release BHP To Temporarily Suspend Western Australia Nickel Operations BHP announces today that the Nickel West operations and West Musgrave project (Western Australia Nickel) will be temporarily suspended from October 2024. BHP intends to review the decision to temporarily suspend Western Australia Nickel by February 2027. The decision follows oversupply in […]
June 4, 2024 Industry News Jennmar Acquires Majority Stake In Australian Steel & Wire The American headquartered company, Jennmar, has announced its acquisition of a majority stake in Australian Steel & Wire (ASW), a manufacturer of wire mesh and related products. It is expected that ASW will build on Jennmar’s existing wire mesh expertise and […]
July 5, 2024 Steel Market Summary – International Trade And Environmental Protections Assume Centre Stage The Chinese are fond of saying that a journey of a thousand miles begins with a single step. In keeping with that notion, the decarbonisation of all steelmaking in China may have just taken a small but vital step forward. […]
July 5, 2024 New Zealand News Decline In Home Consents Punishes Steel Industry The World Steel Association claims that 52% of all steel produced each year is used in the building and infrastructure sector. It stands to reason, therefore, that any significant downturn in the amount of home building taking place will result in less […]
July 5, 2024 Steel Market Summary – Australia Rise In Housing Approvals Encourages Steel Industry Large government-funded infrastructure projects have been the saviour for steel consumption since the pandemic, and continue to be so. Construction in its many forms, both public and private, has fared less well and often for complex reasons related more to […]
June 14, 2024 Industry News Steel & Tube FY24 Guidance And Trading Update Steel & Tube Holdings Limited has today provided earnings guidance for the financial year ending 30 June 2024 (FY24) and an update on trading for the eleven months of the year to date. The company is performing well relative to a challenging […]
June 18, 2024 Industry News Fortescue Welcomes Chinese Premier Li Qiang In Perth Fortescue has welcomed H.E. Li Qiang, Premier of the State Council of the People’s Republic of China, to its green technology and test facility in Perth, marking an historic moment in the company’s two-decade business relationship with China. Fortescue´s executive chairman, Dr […]
June 13, 2024 Press Release FDC and Macquarie Data Centres To Construct IC3 Super West FDC Construction has been appointed the main build contractor for the Macquarie Data Centres newest facility, IC3 Super West. When completed, the facility will offer customers AI densities, resilient data halls, dedicated office space and storage. The project is expected […]
June 18, 2024 Steel Market Summary – Australia Port Kembla Plate Mill Upgrade Approved The NSW Government has given planning approval for a major refurbishment of BlueScope Steel’s Port Kembla plate mill. The $300 million project will involve replacing two of the existing furnaces with a newer and more energy-efficient alternative, upgrading infrastructure, and modernising […]
