Steelmakers will face a tough year in 2013, with supply outpacing demand and the strong Australian dollar cutting into profits, according to Ernst & Young's annual steel report.
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Two more manufacturers close their doors
A Brisbane stainless steel maker and a South Australian soda ash manufacturer have both decided to close their doors following financial difficulty and competition from cheap imports.
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Steel giant sacks management, posts $5.8 billion loss
Global steel giant and industrial manufacturer ThyssenKrupp has posted a $5.83 billion loss for the year and sacked half of its leadership team.
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New steel hub for Kurri Kurri
A steel fabrication company plans to relocate its operations to the Hunter Economic Zone at Kurri Kurri, sparking hope for new jobs in the region.
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A North Korean steel factory in action [images]
Since Asia is without a doubt our biggest manufacturing rival, we've collected three insider photos showing exactly what a North Korean steel plant looks like in action.
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Hills wins multi-million DFAT satellite contract
Hills Holdings’ electronics and communications division has won a multi-million dollar, four-year contract to provide the Department of Foreign Affairs and Trade’s satellite network in 51 countries.
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Hills Holdings confirms job cuts
Hills Holdings has confirmed that it will slash around 300 jobs as part of its 'restructuring'.
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High energy costs affect manufacturers
‘Australian manufacturing industry was suffering,’ David Ferguson general manager of Victoria’s largest privately owned steel distributor Surdex Steel said.
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Tariff Wars
A proposed tariff on imported steel has reignited the tariff debate.
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Steel industry’s future discussed
The Australian Steel Convention 2012 has been opened today by Industry Minister Greg Combet at the Hyatt Hotel in Canberra.
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Steel industry set for a mass strike
BlueScope Steel is likely to witness a mass strike action as Port Kembla steelworkers in NSW fight against another 100 job losses
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Steel industry reports job cuts
Arrium, the global resources and steel company formerly known as OneSteel, posted a 75 per cent slump in net profit to $58 million.
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BlueScope calls for industry re-adjustment
While BlueScope reported a significant loss yesterday, its CEO Paul O’Malley suggests the company is still well-placed to deal with challenges the steel industry faces.
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BlueScope and Nippon agree to billion dollar JV
BlueScope and Nippon Steel have announced a US$1.36 billion coated products joint venture.
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Rio secures Bell Bay smelter’s future
Tasmania's Bell Bay smelter will buck the current trend of closures after an agreement between Rio Tinto and the government secures it future.
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Storage systems made steely tough
Dematic has scored the Australian Steel Innovation Award for its precision storage systems for automated materials handling. Madeline Prince and Annie Dang report.
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2012 Endeavour Awards Finalists: Australian Steel Innovation
Finalists for the 2012 Endeavour Awards Australian Steel Innovation award announced.
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