OneSteel
Latest News
GFG Alliance Prevails in Effort to Buy Australian Steelmaker
05 July 2017 - After revising an earlier offer, metals entrepreneur Sanjeev Gupta and his family’s alliance of businesses have landed a binding agreement to acquire Australian iron ore miner and steelmaker Arrium.
Australian Steelmaker Starts Up Modified Furnace
03 July 2017 - Australia’s OneSteel has added a new sidewall injection system to an electric arc furnace at its Laverton mill in Melbourne.
Report: Liberty House Eyes Australian Steelmaker
18 October 2016 - Liberty House, the steelmaker and metals trading firm that had looked to acquire Tata Steel’s U.K. strip business, might be turning its attention to a different set of distressed assets, reports the Bloomberg news service.
Arrium Goes Out on the Road in Search of a Buyer
23 August 2016 - Executives of Australian steelmaker and iron ore miner Arrium are in Asia this week, shopping around the debt-laden business in advance of the release of the formal sale documents, reports The Australian Financial Review.
Investors, Steelmakers Express Early Interest in Australia-Based Arrium
16 June 2016 - POSCO and several investment firms from the U.S. and the U.K. reportedly are kicking the tires on Australia’s Arrium Group, which was placed into voluntary administration earlier this year.
Australian Steelmaker Placed into Administration
06 April 2016 - Saddled with AUD$2.8 billion in debt, Australian iron ore miner and steelmaker Arrium has been placed into administration, according to reports.
Citing Losses, Australian Steelmaker Says It May Partially or Fully Close Its Integrated Steel Works
17 February 2016 - Arrium, an Australian iron ore miner and steel producer, posted an AU$235.8 million loss in the first half of fiscal 2016 and said it needs to find AU$60 million in cost savings or it will idle all or part of its integrated Whyalla works.
Upgrades to OneSteel Wire Rod Mill Pass Muster
15 December 2015 - Australia’s OneSteel Market Mills has issued a final acceptance certificate for upgrades to its Laverton wire rod mill, according to the contractor on the project.
Australian Steelmaker Seeking AUD100 Million in Cost Cuts
01 October 2015 - Australia’s Arrium Ltd. is planning to cut jobs and overhaul operating practices at its Whyalla steel works in South Australia to save AUD 100 million as the company moves forward with the sale of its mining consumables business, reports The Sydney Morning Herald.
Onesteel and MORE Sign Agreement for Polymer Injection Technology
21 June 2012 - Onesteel NSW Pty Ltd and MORE S.r.l have signed an agreement that will combine their extensive steelmaking and injection technology expertise to promote Polymer Injection Technology.
