BlueScope’s Port Kembla site will soon install a new stretch levelling processing line, a $5 million investment.
Bradken has announced it will be shutting down its “highest cost manufacturing facilities” and cutting its workforce.
Bendigo casting and engineering company Keech has said that it has goals to continue its research in steel and to be one of the world’s leaders.
Arrium has announced that it will make 20 per cent of the workers at its Waratah site redundant.
The troubled Gladstone Steel project is now likely to proceed as funds raised have almost reached their goal and steel buyers are showing interest.
Global drainage solutions company ACO has upgraded its capabilities and will hire up to eight new western Sydney workers at its Emu Plains site.
The price of iron ore fell to an 18-month low as China signalled that it would cut off credit to inefficient steel mills to encourage rationalisation.
Some manufacturers are seeing an improvement in their fortunes as the Australian dollar comes down from its 2013 peak.
The ACCC has announced this morning that it will allow BlueScope’s purchase of Arrium’s OneSteel sheet and coil assets.
BlueScope CEO Paul O’Malley has said there are positive signs for his business in the USA and in the Australian residential housing market.
Geelong is preparing for the impact of the Alcoa Point Henry smelter’s closure.
BlueScope Steel has said it expects the flow-on impact of Toyota’s exit from Australian manufacturing to be minimal.
BlueScope, through its subsidiary Lysaght, competes with Fielders in the manufacture and supply of roll formed products.
A new solution from Siemens takes advantage of hot flue gases from arc furnaces to generate steam which can then be used for other steel mill processes or for generating electricity.
A former OneSteel Rockhampton manager was found to have stolen $33,571.25 over 10 months.
The Gladstone Steel Project is a step closer to being resurrected.
The United States is seeking talks with China to solve a dispute the two nations are having over high-tech steel.
The group trying to rescue the Gladstone Steel Project near Mount Larson in Queensland has until 3 pm on Friday to find an extra $30,000 and lodge papers.
A new Steel Innovation Hub, based at University of Wollongong, has been announced, partnering companies such as BlueScope with the university.
Increases in energy efficiency in Chinese manufacturing will temper demand for Australian coal exports and put billions of dollars in investment at risk.