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clock Created with Sketch. 09/07/17
15:28
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Originally posted by kevmac
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went into the care of administrators and betrayed by the government resulting in these true blue assets falling into foreign ownership. Was taken without a democratic vote from its 80,000 owners on its future MOLYCORP – sold 1.6 bill - is Australia's premier supplier of steel reinforcing solutions with 35 branches around Australia. is Australia's only truly integrated steel supplier, with an extensive network of 49 branches covering all major cities and regional areas AUSTUBEMILLS - Australia's largest steel pipe and tube manufacturer with manufacturing facilities in Acacia Ridge (QLD) and Newcastle (NSW) MIDALIA STEEL - is Western Australia's foremost supplier of steel products and operates 10 branches throughout metropolitan and rural areas. EMRAILS - Australia's premier rail stockist have over 100 distributors throughout Australia and New Zealand. have supplied overseas markets such as: China, Korea, Indonesia and Philippines. operates from 22 locations in Australia and three in Asia, as well as from six Trading Offices in key supply and sales market regions across the globe. ONESTEEL ROD BAR & WIRE - approx 2.5 million tonnes per annum and country's only manufacturer of Rod Bar and Wire products The business operates across five manufacturing locations: · Newcastle Rod Mill (NSW) · Newcastle Wire Mill (NSW) · Geelong Wire Mill (VIC) · Jindera Wire Mill (NSW) · Laverton Rod Mill (Melbourne, VIC) · Laverton Steel Mill (Melbourne, VIC) · Laverton Bar Mill (Melbourne, VIC) · Sydney Steel Mill (NSW) · Sydney Rolling Mill (NSW) ONESTEEL WHYALLA STEELWORKS - 1.1 million tonnes of raw steel every year
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Everyone of those Arrium businesses is profitable and will be for years to come unless IO drops below US$35 a ton.
