Alter Steel, Sims sign MoU covering 550,000 tpa of scrap for planned Pinkenba steel factory

ASX-listed metals recycler Sims Metal and Alter Steel, which intends to build a $750 million steel mill in Pinkenba, Queensland, have announced a supply and services agreement for the upcoming site. According to a statement from Sims on Thursday, the pair have entered into a non-binding Memorandum of Understanding regarding the proposed electric arc furnace…

Greensteel orders $1.6 billion worth of steelmaking kit, plans to bring new facility online “within two years”

Greensteel Australia announced on Thursday that it has placed an order with steelmaking infrastructure company Danieli Group, “valued in excess of $1.6 billion”, representing stages two and three of a proposed “ultra-low-carbon steel mill”. The order includes a direct reduced iron (DRI) plant, two electric arc furnaces, a structural steel rolling mill, and a second…