April 5, 2024 New Zealand News All Change At The Top Of Fletcher Building In further news on the transition process at Fletcher Building, Nick Traber was due to assume the role of acting CEO of the company, effective from March 29. He will hold that position for an interim period until a permanent CEO […]
SMS-Aust 5 April
April 5, 2024 Steel Market Summary – Australia Australia Receives Embarrassing Anti-Dumping Ruling A panel at the World Trade Organization (WTO) has found that duties imposed by Australia in a steel products dispute with China were flawed. Canberra has accepted the ruling. The problem here is not so much the size or nature of the […]
IIC April24
April 5, 2024 Industry Insider Column Guest Author – Cameron Russo, Managing Director, CT Steel Supplies Competition Re-ignites Push For Quality A few months ago I made some comments which are worth repeating. Within the steel industry, the last five years have been an absolute whirlwind. We´ve had a global pandemic with twists and turns […]
Importers SPF Apr24
Special Product Feature IMPORTERS Market Commentary by: ASA – Australian Steel Association Australia´s construction sector is facing many challenges including rising labour costs and supply chain disruptions, Nevertheless, the steel industry remains resilient and is serving as a cornerstone for infrastructure development. Steel suppliers, traders, distributors and downstream manufacturers continue to play a vital role […]
SMS-Aust 18 March
March 18, 2024 Steel Market Summary – Australia Cooling Economies Deflate Steel Prices As the first officer said to the captain on board the Titanic: “Sir, I have this sinking feeling.” So too, international steel prices are sliding downward, the impact of which on the Australian domestic market will be interesting to observe. A key […]
SMS-Int Mar24
March 6, 2024 Steel Market Summary – International Steel Market Oscillates Awaiting Direction Nippon Steel´s controversial $1.5 billion acquisition of the giant American steelmaker, US Steel, continues its tortuous journey through the labyrinth of US politics and regulatory hurdles. Nippon Steel is currently negotiating with the United Steelworkers (USW), the main union at US Steel. […]
NZN Mar24
March 6, 2024 New Zealand News Steel Industry Challenged As Economy Cools The Reserve Bank of New Zealand kept interest rates steady at its February 28 policy meeting. Just as well, because the recent 12 months of rising rates has cooled the New Zealand economy something fierce. Clear evidence of this can be found in […]
SMS-Aust 6 March
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 […]
IIC Mar24
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 […]
SMS-Aust 18 Feb
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, […]
