The Australian steel industry remains a vital component of the country's economic growth, generating an annual turnover of approximately $30 billion. Despite global pressures, Australia continues to produce around 5.7 million metric tonnes of steel each year, driven by strong local manufacturing and recycling efforts. As the industry evolves towards more sustainable practices, Australia positions itself as a key player in the global market.

Source: Australian Steel - Gateway to the Australasian Steel and Metals Industry, 2024. Full details can be found on their official website here.