Gateway to the Australasian Steel and Metals Industry
March 6, 2024 Steel Market Summary – Australia To The Biggest Go The Spoils In January, the Australian Federal Government announced BlueScope Steel would receive $136.8 million of taxpayers´ money to help with its ongoing business: specifically, the reline of its No. 6 blast furnace. In mid-February, BlueScope Steel announced a net profit after tax […]
March 6, 2024 Industry Insider Column Guest Author – Stephen Eddowes, CEO at MAKOMESH The Future Of Manufacturing Is Now One question I am regularly asked by business leaders is: How do you do it? More precisely, they want to know how we undertake the wide-ranging implementation of digital technologies in a manufacturing business. The […]
February 19, 2024 Steel Market Summary – Australia Green Steel Edges Closer To An Economic Reality The management of a fundamental source of Australia´s economic prosperity should – and will – change in the very near future, according to two eminent Australians. Renowned economist, Professor Ross Garnaut, and economic public policy expert, Professor Rod Sims, […]
February 7, 2024 New Zealand News Fall In Housing Consents Bodes Poorly For Steel Industry Falling inflation and the likelihood of interest rate cuts later this year will both be welcomed by the overall New Zealand economy. However, the anti-inflation measures taken during 2023 are now having their full and adverse effect on the steel […]
February 7, 2024 Steel Market Summary – International The Swirling Currents Of Global Steel Trade Amid the shifting fortunes of the post-pandemic steel world, India´s growing status as a producer and consumer holds the most intrigue. Whilst still a long way behind China´s 2023 crude steel production level of 1,019 million metric tonnes, India´s 140.2 […]
February 7, 2024 Steel Market Summary – Australia Steel Industry Receives $200M In Clean Energy Drive The Federal Government has announced the allocation of $200 million in total funding to BlueScope Steel and Liberty Steel Australia (parent company of InfraBuild) as part of its Powering The Regions Fund. The grants are the first to be […]
February 6, 2024 Industry Insider Column Guest Author – David Roberts, Trading Director at Sanwa Recognise The True Local Heroes In 1999, just before Arium shut down its Newcastle blast furnace, Australia produced approximately 8 million metric tonnes of steel per year and had a population of just under 19 million people. Now, almost 25 […]
Stainless Steel Feedstock Index Stainless Steel Feedstock Index – EAF (AUD) Stainless Steel Feedstock Index – EAF (USD) The Stainless Steel Feedstock Index (SSFI) is a creation of the newsletter Australian Steel News (ASN). Whilst it doesn´t show the actual cost of buying stainless steel in the Australian marketplace, it does show the month-to-month change […]
January 18, 2024 Steel Market Summary – Australia Cricket Season Weighs On Market Activity By mid-January, a lot of people have somewhat reluctantly returned to work. However, with the cricket season still in full flight, their thoughts remain on captain Pat Cummins, or on the beach or at backyard bar-b-ques. In these entirely understandable circumstances, […]
January 5, 2024 Steel Market Summary – International Volatile Year Ahead As Nippon Steel Buys US Steel New Year´s resolutions and predictions for the year ahead often fade into obscurity even before we reach February. But this doesn´t stop us making them. However, the wisest forecast to make is always: “It´s hard to predict…” And […]
