Gateway to the Australasian Steel and Metals Industry
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 […]
May 6, 2024 Steel Market Summary – International Weak International Sentiment Faces Chinese Aggression Two major international organisations have offered a pessimistic view of the steel industry for the remainder of 2024 and into the near future. IREPAS and Eurofer both also say that increased exporting by China is making a bad situation worse. The […]
May 6, 2024 Steel Market Summary – Australia The Green Theme Is Gathering Steam Australia´s second largest pension fund, the $280 billion Australian Retirement Trust, has announced it will stop investing in most thermal coal companies from July onwards. Whilst the decision will not have a direct impact upon the steel industry in Australia, it […]
Special Product Feature STAINLESS STEEL Market Commentary by: ASSDA – Australian Stainless Steel Development Association The stainless steel industry in Australia plays a pivotal role in manufacturing, supplying critical infrastructure and serving hygienic applications such as pharmaceutical, food and beverage production. These are fundamental to our national safety and standard of living. Like much manufacturing in […]
April 18, 2024 Steel Market Summary – Australia World Steel Demand To Enter Growth Period Earlier this month the Prime Minister, Anthony Albanese, announced his plan for Australia´s manufacturing sector as our country and the world respond to the challenges of climate change and international supply chain disruptions. The details of the ambitious Future Made […]
April 5, 2024 Steel Market Summary – International Politics, Prices And Going Green Dominate Politicians have the annoying habit of poking their self-interested noses into the normal flow of business and, by doing so, mucking things up. A case in point is the almost $15 billion acquisition of US Steel by Nippon Steel, announced last […]
