InfraBuild CEO Francisco Irazusta reassured stakeholders that operations remain unaffected by the administration of OneSteel Manufacturing, owner of the Whyalla Steelworks, in a statement released on Monday.
Irazusta emphasised that InfraBuild operates as an independent business from OneSteel Manufacturing, with its own board, governance, and financing, separate from the wider GFG Alliance.
“We’re in a strong position, with a resilient supply chain and solid financial footing, ready to navigate any challenges in the local or global steel market,” Irazusta said.
The CEO noted that InfraBuild had already demonstrated its resilience over the past year by maintaining steady operations despite disruptions at the Whyalla blast furnace, utilising existing supply chains.
As Australia’s only steelmaker operating electric arc furnaces, InfraBuild has invested more than $330 million in low-emission steelmaking over the past three years. This includes developing SENSE 600® reinforcing bar with lower embodied carbon compared to standard grade 500N steel.
Beyond investment, Irazusta stated the company is focused on strengthening operations by driving productivity, improving service, and enhancing digital capabilities to create a better experience for customers.
“We’re proud of the role we play in building Australia’s future and will continue to deliver the quality products and service you expect from us,” Irazusta concluded.
Picture: credit InfraBuild
Further reading
SA government began Whyalla steelworks administration talks last year
How Whyalla can be upgraded to green steel and why we need to keep steel production in Australia
S.A. Gov pushes Whyalla steelworks to administration, aims to take control
Federal, SA governments pledge $2.4 billion to assist Whyalla Steelworks’ transition