Gateway to the Australasian Steel and Metals Industry
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 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 […]
June 6, 2024 Steel Market Summary – International Carbon Pricing – An Opportunity Within A Levy? At a time when respected Australian academics and commentators are pointing to the European Union´s carbon border adjustment mechanism (CBAM) as a model for fixing an Australian carbon price, South Africa has announced it may lodge a formal complaint […]
May 28, 2024 Industry News BlueScope Steel Supports The Sale Of Illawarra Metallurgical Coal BlueScope Steel today waived its pre-emption acquisition rights under its long-term coal supply agreement (CSA) relating to South32’s Illawarra Metallurgical Coal division (IMC), and supports the sale of IMC to an entity owned by Golden Energy and Resources Pte Ltd (GEAR) […]
June 6, 2024 New Zealand News What The Government Promises, Reality Checks Seldom does a Treasurer predict that his/her budget will produce a bleaker future: and the Minister of Finance, Nicola Willis, duly followed suit last week when handing down her budget. Indeed, she mainly highlighted the tax relief of up to $102 per fortnight […]
June 6, 2024 Steel Market Summary – Australia Conference Hears Of Slowing Steel Demand And Insolvencies The Australian Steel Association (ASA) held its annual conference over May 19 -21, attracting more than 100 attendees. The ASA´s president, David Buchanan, told Australian Steel News: “The event not only provided those attending with useful networking opportunities, but […]
Special Product Feature NEW ZEALAND Market Commentary The New Zealand steel and metals industry is a driving force within the New Zealand economy. However, it is also captive to the health of that economy, and to the world economy. It is therefore facing challenging times and could see a near-term contraction of activity and profitability. […]
May 17, 2024 Steel Market Summary – Australia EAF Delay Increases Whyalla Woes Further problems are besetting the Whyalla steelworks which has been unable to produce steel since mid-March when its 60-year-old blast furnace was damaged during a re-start following maintenance. Now, Liberty Steel Australia, the owner of the Whyalla operations, has announced that a […]
May 6, 2024 Industry Insider Column Guest Author – David Roberts, Trading Director at Sanwa Ambition Must Be Matched By Structure In August last year the federal government announced an ambitious plan to build 1.2 million new homes over the next five years. Fine. It was welcome news for the economy generally and for the […]
May 6, 2024 New Zealand News Uneasy Stand-off Distracts From Fletcher´s LowCO Success A widely reported proposal to axe jobs at Easysteel, a subsidiary of Fletcher Building, has cast a shadow over the official launch of Fletcher Living´s innovative residential project, LowCO. The aim of the LowCO project is to significantly reduce carbon emissions in […]
