SEARCH   
MEMBER LOGIN    

Iron Smelting and Steel Manufacturing in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Iron Smelting and Steel Manufacturing Market Research Report | ANZSIC C2110 | Jun 2015

Rusting away: Falling demand from downstream markets has been reducing industry revenue

IBISWorld’s Iron Smelting and Steel Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Industry Statistics & Market Size
Revenue
$11bn
Annual Growth 10-15
-7.4%
Annual Growth 15-20
Add to Cart
Profit
Add to Cart
Employment
17,402
Businesses
1,221
Industry Analysis & Industry Trends

The Iron Smelting and Steel Manufacturing industry has undergone a tough period of structural change over the past five years. Industry revenue is expected to fall at an annualised 7.4% over the five years through 2014-15, to reach $11.0 billion. Falling demand from downstream markets, declining domestic iron and steel prices, and competition from import markets have resulted in industry production overcapacity. This has led to some firms downsizing operations, notably the 2011 closure of one of BlueScope Steel's blast furnaces in Port Kembla, NSW. Falling domestic steel prices are projected to result in a 1.7% drop in industry revenue in 2014-15... purchase to read more

Industry Report - Industry Locations Chapter

Industry locations tend to follow downstream markets rather than access to input materials such as iron ore. As a result, industry enterprises have a similar distribution to Australia's overall population and economic activity, rather than to its mining activity. The two major players' manufacturing facilities are mainly located in these areas. BlueScope's manufacturing facilities are situated in Port Kembla, NSW and Western Port, VIC, while Arrium has facilities in Sydney, NSW and Laverton, VIC. The exception to this is Arrium's Whyalla steelworks in South Australia, which is in close proximity to the company's iron ore mines... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Iron Smelting and Steel Manufacturing Industry?

Firms in the industry are primarily involved in smelting or refining iron ore or iron sands into basic iron products, such as ingots, billets and slabs. The industry also includes operators that convert steel into primary shapes by hot- or cold-rolling them into sheets, bars and rods. Companies that mainly produce carbon and stainless steel from iron alloyed with other elements (such as carbon and chromium) are also part of the industry.

Industry Products
Iron productsOther carbon steel productsMetal-coated carbon steelPainted carbon steelOther ferroalloys
 
Industry Activities
Iron or steel barFerroalloy, including alloys of manganese, silicon or chromeIron or steel flat-rolled productPig ironRail fastenings or other rail accessoriesSteel roof-deckingStainless steelSteel alloyStructural steel shapes, excluding fabricated steelTin-plate sheet or strip


View Sample
Quote
Select Clients