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

Manufacturing News

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…

Alter Steel signs technology and equipment agreement with Danieli for $750 million Queensland steel mill project

Manufacturing News

Alter Steel has finalised its contract with Italian engineering firm Danieli to supply the technology and equipment for its $750 million steel mill in Pinkenba, Queensland, with the down payment now made to secure delivery. When complete, the facility will produce 500,000 tonnes of reinforcing steel products annually to meet Queensland’s growing construction demand using…