Iron Smelting and Steel Manufacturing in Australia - Market Research Report

Iron Smelting and Steel Manufacturing industry trends (2014-2019)

poll Average industry growth 2014–2019: 1.5%

Operators in the Iron Smelting and Steel Manufacturing industry have faced mixed operating conditions over the past five years. Industry revenue is expected to fall at an annualised 0.3% over the five years through 2019-20, to total $11.2 billion. This trend includes an expected decline of 2.4% in the current year. The global steel market was oversupplied over the two years through 2015-16, due to enormous production volumes from Chinese steel mills. These producers face lower overheads and can therefore price their products lower than domestic firms. However, domestic operators have since benefited from slowing Chinese steel output over the past three years, as global oversupply has weakened. This factor has boosted global steel prices and increased...
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Iron Smelting and Steel Manufacturing industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

The Iron Smelting and Steel Manufacturing industry is projected to decline at an annualised X.X% over the five years through XXX-XX, to $XX.X billion. Competition from overseas firms is likely to remain strong as they continue benefiting from significant comparative advantage, such as lower wages and operating costs. Many overseas firms with such cost structures are forecast to expand over the next five years, increasing an anticipated rise of imports as a share of domestic demand. Smaller industry operators are projected to continue to exit the market while major players are likely to remain through greater economies of scale and industry assistance. Demand from key downstream industries, global steel prices and the value of the Australian dollar a...
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Iron Smelting and Steel Manufacturing industry statistics

  • attach_money Market Size: $11bn
  • business Number of Businesses: 1,156
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 16,566

Biggest companies in the Iron Smelting and Steel Manufacturing industry

The companies holding the largest market share in the Iron Smelting and Steel Manufacturing in Australia industry include BlueScope Steel Limited.

  • pie_chart BlueScope Steel Limited Market Share: x.x%
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What is Iron Smelting and Steel Manufacturing industry?

Industry Definition

Industry operators primarily perform automotive electrical repairs and install automotive electrical products. General non-electrical motor vehicle repairs or body repairs are not included in the industry.

Industry Products and Services

  • General electrical services
  • Air conditioning services
  • Electronic fuel injection services
  • Wholesale sales
  • Other services

Industry Activities

  • Auto-electrical garage operation
  • Automotive electrical services
  • Automotive electrical repairs and maintenance
  • Automotive electrical systems installation

Market research report - table of contents

Industry Definition

Industry firms primarily smelt or refine 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 steel 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.

Main Activities

  • Iron or steel bar manufacturing
  • Ferroalloy manufacturing, including alloys of manganese, silicon or chrome
  • Iron or steel flat-rolled product manufacturing
  • Pig iron manufacturing
  • Rail fastenings or other rail accessories manufacturing
  • Steel roof-decking manufacturing
  • Stainless steel manufacturing
  • Steel alloy manufacturing
  • Structural steel shapes manufacturing, excluding fabricated steel
  • Tin-plate sheet or strip manufacturing

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

Domestic demand for steel products is closely linked with business investment and construction activity. Demand for iron and steel products tends to incre...
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Demand from construction
World price of coking coal
World price of steel
Demand from specialised machinery and equipment manufacturing

Current Performance

Arrium voluntary administration
Downstream conditions
Cost pressures
 Chart: Revenue Growth

Industry Outlook

Global outlook
Operating conditions
 Table: Iron Smelting and Steel Manufacturing in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Iron Smelting and Steel Manufacturing in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Steel Pipe and Tube Manufacturing in Australia
Structural Steel Fabricating in Australia
Spring and Wire Product Manufacturing in Australia
Iron and Steel Forging in Australia



Key Selling Industries

Black Coal Mining in Australia
Iron Ore Mining in Australia
Fossil Fuel Electricity Generation in Australia




Products & Services

Industry operators manufacture carbon steel, iron and ferroalloy products, which are generally used as inputs by downstream industries in the manufacturin...
Manufacturing industries
Other domestic markets
Export markets
Mining industries


Demand Determinants

Several key factors influence demand for industry products, including the performance of downstream industries and the domestic and global price of iron a...
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Major Markets

Manufacturing industries
Other domestic markets
Export markets
Mining industries



 Chart: Major Market Segmentation for the Iron Smelting and Steel Manufacturing in Australia - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

The Iron Smelting and Steel Manufacturing industry is moderately concentrated, with the four largest operators accounting for approximately 50% of industr...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Iron Smelting and Steel Manufacturing in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Iron Smelting and Steel Manufacturing in Australia - Market Research Report Industry

Industry Globalization

BlueScope Steel Limited is a publicly listed Australian company that derives most of its revenue from manufacturing and distributing steel building produc...
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BlueScope Steel

 Table: BlueScope Steel - financial performance

Capital Intensity

The Iron Smelting and Steel Manufacturing industry is moderately capital-intensive. For every dollar spent on wages, an estimated $0.28 is spent on capita...
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 Chart: Level of Capital Intensity for the Iron Smelting and Steel Manufacturing in Australia - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Iron Smelting and Steel Manufacturing in Australia Industry

Industry Revenue (2007-2026)
Industry Gross Product (2007-2026)
Establishments (2007-2026)
Businesses (2007-2026)
Employment (2007-2026)
Exports (2007-2026)
Imports (2007-2026)
Wages (2007-2026)
Domestic Demand (2007-2026)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

BLAST FURNACE

COKE

ELECTRIC ARC FURNACE

FERROALLOYS

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Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

Why buy this report on the Iron Smelting and Steel Manufacturing industry?

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This report on Iron Smelting and Steel Manufacturing in Australia:

  • Provides Market Size information to assist with planning and strategic decisions.
  • Includes the necessary information to perform SWOT, PEST and STEER analysis.
  • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
  • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.

The Iron Smelting and Steel Manufacturing in Australia market research report includes:

  • Historical data and analysis for the key drivers of this industry
  • A five-year forecast of the market and noted trends
  • Detailed research and segmentation for the main products and markets
  • An assessment of the competitive landscape and market shares for major companies
  • And of course, much more

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