Gateway to the Australasian Steel and Metals Industry
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 […]
April 16, 2025 Industry News InfraBuild´s Bondholders Provide An Additional US$150 Million In Funding InfraBuild has finalised its transaction seeking consent from its bondholders, with a significant majority of notes holders voting in favour of providing greater flexibility and liquidity for the company. The outcome of the transaction allows InfraBuild to withstand the current market […]
April 4, 2025 Industry News Rio Tinto Spends Record $10 Billion With Suppliers In Western Australia In 2024 Rio Tinto boosted spending with suppliers in Western Australia by AU$1.5 billion to a record $10.3 billion in 2024, as it continued to support local businesses and develop its pipeline of new Pilbara mining projects. The increase […]
March 31, 2025 Press Release Steel & Tube Introduces Its QBT450 For the first time in five years, New Zealand has a new metal roofing profile available to the public. In Steel & Tube´s QBT450TM stunning European-inspired tray roofing meets modern and innovative thinking to form a competitive and high-performing roofing system. Tray-style roofing and […]
March 27, 2025 Industry News Rio Tinto Pays $8.4 Billion In Taxes And Royalties In 2024 Rio Tinto has published its 2024 Taxes And Royalties Paid Report which details US$8.4 billion of taxes and royalties paid globally during the year. In Australia, taxes and royalties totalling $6.3 billion (A$9.5 billion) were paid in 2024, including […]
April 7, 2025 New Zealand News Early Hints The Economy Is Crawling Out Of Recession New Zealand is navigating a complex landscape of financial challenges, shifting global trade dynamics and subdued demand – particularly in the construction sector – with “sticky” inflation in key operational areas. The country is also experiencing a relatively weak exchange […]
April 7, 2025 Steel Market Summary – International Trump´s Tariffs Bring Turmoil To World Trade Not content with a 25% tariff on steel and aluminium being imported into the United States, Donald Trump used his self-proclaimed “Liberation Day” to announce a minimum 10% tariff on all products from all countries in the world – and […]
April 7, 2025 Steel Market Summary – Australia Domestic Issues Impacted By Unwelcome Foreign Forces The Australian steel industry holds its breath as Whyalla wobbles and world trade is thrown into turmoil by Donald Trump´s tariffs. Meanwhile, InfraBuild has its own set of problems, as well. As previously mentioned in ASN, InfraBuild´s unaudited finances were […]
Special Product Feature STEEL FABRICATORS Market Commentary by: Mark Cain, CEO, Australian Steel Institute* The Australian Steel Institute (ASI) is 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 survey […]
