Steel Indicators
Overview
Back to topAustralian steel is world recognised for its quality and consistency. The broader Australian steel industry has a turnover of $29 billion and provides employment to over 91,000 people (ref. ABS). The annual capacity of Australian steelmakers is 8 million tonnes of which approximately 1,600,000 tonnes is structural steel used for industrial, commercial and residential buildings, bridges, towers and masts, maritime structures, mining and materials handling projects. There are estimated to be 50,000 tonnes of structural steel stock in the distribution chain at any one time.
A survey in 2007 of 48 ASI member fabricator companies revealed that those involved in medium to large projects had invested in the order of $4.4 million per business in the last two years. This represents a total recorded investment of $210 million over the 48 fabricators surveyed. The ASI estimate based on this survey and results obtained from the Australian Bureau of Statistics (ABS) have the total investment across the Australian fabricator industry over this time in excess of $40 million. These investments include new overhead cranes, plate rolling equipment, CNC beam lines, angle lines and plasma cutting lines installed in the last two years and this investment will result in an increased capacity in the sample surveyed, of 143,000 tonnes.
Approximate segmentation of steel usage in Australia (ref. BSL)
| Agriculture | 8% |
| Dwelling Construction | 6% |
| Non Dwelling Construction | 13% |
| Engineering Construction | 21% |
| Manufacturing Plan and Equipment | 14% |
| Vehicles and Transport | 13% |
| Mining | 17% |
| Other | 8% |
Market Sectors
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Australian Steel Industry Capability document
Back to topASI has recently completed an Industry Capability document covering all the major sectors of the industry as they relate to major projects.
The document entitled “Capabilities of the Australian steel industry to supply major projects in Australia”, was launched at the Australian Oil and Gas Conference in Perth on 25th March.
You can download a copy of the following documents for more information:
Australian Steel Industry Capability document (PDF) (3 Mb).
Capability Snapshot of the Australian Steel Construction Industry (PDF) (1 Mb).
