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 | Apr 2014

Testing their mettle: Industry revenue contracts as steel output falls

The Iron Smelting and Steel Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Annual Growth 09-14
Annual Growth 14-19
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Industry Analysis & Industry Trends

The Iron Smelting and Steel Manufacturing industry has undergone a difficult period of structural change over the past five years. Industry revenue is estimated to fall at a compound annual 7.2% over the five years through 2013-14, due to limited demand from construction industries, fluctuating steel prices, competition from import markets and a strong Australian dollar. Revenue is anticipated to decline by 1.0% in 2013-14 to reach $14.0 billion. Profitability has also struggled, declining from 15.1% of revenue in 2008-09 to an estimated 0.7% in 2013-14. Production volumes, imports and exports have all decreased, contributing to the industry's poor performance over the past five years... purchase to read more

Industry Report - Industry Analysis Chapter

Over the past five years, the industry has performed poorly and revenue has declined substantially. Industry performance depends on demand from downstream construction industries, the domestic and global price of steel and Australia's trade-weighted index. Australian steel manufacturers are small players in the scope of global steel production and therefore have little effect on world steel prices. Decreased domestic demand and continued competition from import markets adversely affected performance over the past five years. However, industry assistance was implemented in an effort to keep domestic manufacturers competitive.

Revenue and profitability

Revenue is estimated to decline at an annualised 7.2% over the five years through 2013-14 to reach $14.0 billion... purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Iron Smelting and Steel Manufacturing Industry?

Firms in this 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 hot or cold steel rolling into primary shapes such sheets, bars and rods and scrap ferrous metals recycling. Companies that mainly produce carbon and stainless steel from iron alloyed with other elements, such as carbon and chromium, are also included.

Industry Products
Iron productsOther carbon steel productsMetal-coated carbon steelPainted carbon steelOther ferroalloys
Industry Activities
Iron or steel barFerroalloy production, including alloys of manganese, silicon or chromeIron or steel flat-rolled productsPig iron productionRail fastenings or other rail accessoriesSteel roof-deckingStainless steel productionSteel alloy productionStructural steel shapes, excluding fabricated steelSheet or strip tin plate production

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