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Latest news: Iron and Steel

Steel boss complains about local gas market 'madness'

Steel boss complains about local gas market 'madness'

Australia must stop prioritising gas exports over domestic supply and introduce a permanent reserve and price mechanism for gas, a big steelmaker says.

Union alarm as mining giant mulls sick leave overhaul

Union alarm as mining giant mulls sick leave overhaul

Union alarm as mining giant mulls sick leave overhaul

Union alarm as mining giant mulls sick leave overhaul

Proposed changes to the sick leave policy for thousands of Rio Tinto workers has sparked union concerns other employee entitlements will also be targeted.

Rio Tinto profits slip as prices weigh on performance

Rio Tinto profits slip as prices weigh on performance

Rio Tinto profits slip as prices weigh on performance

Rio Tinto profits slip as prices weigh on performance

One of the world's biggest iron ore miners has posted its weakest first-half profit in years as lower global demand continues to drag on the commodity's price.

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PM urges work on green steel over red wine in China

PM urges work on green steel over red wine in China

Aussie-grown beef and Penfolds wine will be on the menu as Prime Minister Anthony Albanese addresses Chinese and Australian captains of industry in Shanghai.

Rio Tinto, Hancock to develop $2.5b iron ore project

Rio Tinto, Hancock to develop $2.5b iron ore project

A joint venture between Rio Tinto and Hancock Prospecting has been given approval for an iron ore project to add 31 million tonnes to global supply each year.

'Strong interest' as steelworks sales process opens

'Strong interest' as steelworks sales process opens

There is “strong early interest” in the Whyalla Steelworks as the sale process begins and millions of dollars flow into the region from a $2.4 billion package.

Albanese hits out at Trump's 'economic self harm'

Albanese hits out at Trump's 'economic self harm'

The Prime Minister has criticised US President Donald Trump's move to double tariffs on steel imports as "inappropriate" and an act of harm.

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EU threatens US with counter-tariffs in steel stand-off

EU threatens US with counter-tariffs in steel stand-off

EU threatens US with counter-tariffs in steel stand-off

EU threatens US with counter-tariffs in steel stand-off

The European Union has threatened the Trump administration with counter-tariffs in the steel stand off.

Australia urged to spend big while green iron is hot

Australia urged to spend big while green iron is hot

Australia urged to spend big while green iron is hot

Australia urged to spend big while green iron is hot

Australia could replace carbon-intensive coal and gas exports with green iron and quadruple earnings, a report says, but only if it makes changes.

Trump says no exemptions on steel and aluminium tariffs

Trump says no exemptions on steel and aluminium tariffs

Trump says no exemptions on steel and aluminium tariffs

Trump says no exemptions on steel and aluminium tariffs

Donald Trump has ruled out granting exemptions for tariffs on steel and aluminium imports, and says reciprocal and sectoral tariffs will start in April.

Green iron investment could reinforce Aussie economy

Green iron investment could reinforce Aussie economy

Green iron investment could reinforce Aussie economy

Green iron investment could reinforce Aussie economy

Australia could reap the benefits of a market worth up to almost $300 billion, and cut emissions, if it takes the right steps toward a green iron industry.

Local steel quotas in major projects being considered

Local steel quotas in major projects being considered

Local steel quotas in major projects being considered

Local steel quotas in major projects being considered

Treasurer Jim Chalmers says the federal government wants local steel to be used in Australian projects, as it considers introducing quotas.

Trump raises steel tariffs, weighs Australia exemption

Trump raises steel tariffs, weighs Australia exemption

Trump raises steel tariffs, weighs Australia exemption

Trump raises steel tariffs, weighs Australia exemption

US President Donald Trump has announced 25 per cent tariffs on all steel and aluminium imports but is "considering" a carve-out for Australia.

Troubled steelworks in refinance bid as pressure mounts

Troubled steelworks in refinance bid as pressure mounts

Troubled steelworks in refinance bid as pressure mounts

Troubled steelworks in refinance bid as pressure mounts

Whyalla's steelworks are "vigorously finalising new financing", as a premier intensifies pressure on its owners to pay tens of millions of dollars of debt.

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Albanese to press Trump for tariff breaks for Australia

Prime Minister Anthony Albanese will attempt to secure Australian companies an exemption from US tariffs in a direct phone call with President Donald Trump.

Premier lifts pressure on steelworks as debts grow

A global company must pay its creditors and demonstrate its capacity to invest in the Whyalla steelworks, SA Premier Peter Malinauskas has warned.

Owners blasted as 'old tech' steel furnace restarts

The operators of Whyalla's steelworks say they have "rescued" the vintage plant but warn there is still a long way to go before it is stable and secure.

Verdict on how to prevent 'carbon leakage', save jobs

Summer reading for the federal government includes a report recommending a targeted carbon border adjustment mechanism to safeguard jobs in heavy industries.

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Milestone for renewable energy to power iron ore port

An energy project combining cyclone-busting solar panels and a big battery has been built in the Pilbara region to decarbonise iron ore port operations.

Lifeline for ex-steel workers from green iron exports

Economic modelling suggests a sovereign green iron industry could make more than $100 billion a year and create thousands of jobs for former steel workers.

Call for export controls on east coast gas to save jobs

Slashing industrial gas use and new controls on exports would protect manufacturing jobs and reduce exposure to "predatory" pricing, a union says.

Green iron export bonanza: invest or look like 'morons'

A think tank urges Australia to bankroll green iron or concede market leadership to China, which is racing ahead on decarbonising steel supply lines.

Climate investors told to press ahead despite Trump

A leading economist has urged Australia to line up with countries that support climate action, arguing a Trump administration is likely to sideline US efforts.

Sceptics question BHP pursuit of 'risky' carbon capture

BHP says it is "unapologetically" looking at carbon capture and storage as sceptics question the mining giant's pursuit of the technology over other solutions.

Rio Tinto 'breaks ranks', keeps climate trigger alive

The federal government has been urged to strike an urgent deal on environmental laws as Rio Tinto joins those calling for reforms that tackle climate change.

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