About Our Industry
Australia has one of the most dynamic and innovative steel sectors in the world. Importantly, Australia has been recognised as a world leader in the use of high tensile materials and in coating technology.
Steel is also a highly sought after material for infrastructure developments and its use increases proportionally to the development of the standard of living of a country. It’s also a very prominent material as most goods we use either have some steel component or are made using tooling or machinery made from it.
According to the Australian Bureau of Statistics, the entire Australian steel industry chain, from basic iron and steel production through to downstream users such as fabricators and small manufacturers, employed over 91,000 Australians and generated almost $29 billion in turnover in 2005-061. The Australian steel industry is therefore vital to the nation’s economy.
Steel is a valuable export producer at about $1.6 billion for the same period just from the steel producers alone from the peak combined production capacity of over nine million tonnes annually.
The steel industry has embraced technology with Building Information Modelling (BIM) a way of life for most major projects feeding into the latest computer numerical controlled fabrication equipment.
Significantly steel is one of the world’s most recyclable materials and in Australia we recycle at world class levels. It is the building material of the future.
1ABS statistics. ABS “Manufacturing Industry Australia 2005-2006” Cat No. 8221.0