The contrast between the business strategies of the noisy, very political BlueScope and its smaller, quieter and better-run rival, OneSteel (the other half of the old BHP Steel), are illuminating.
OneSteel says no deadline has been set regarding the future of its Whyalla steelworks in South Australia. A media report quoted OneSteel as saying its steel manufacturing operation had been given a ...
In an expectation-beating full-year profit report released yesterday, Onesteel, which had previously been silent on how much of its 11,000-strong workforce would be slashed under a plan announced in ...
OneSteel announced on Monday (August 22) that it has forged an agreement with WPG Resources Limited (WPG), acquiring the latter's iron ore assets in northern South Australia for $346 million. The said ...
Work at OneSteel's Oil and Gas Pipe business would cease on May 31, the company said today. The business employs 56 people. "The company has been keeping the employees of this business aware of its ...
ONESTEEL shares had their biggest gain in 32 months as one of the world's biggest steelmakers denied it was eyeing its smaller Australian rival as a potential takeover target. The stock rose 7c or ...
Speculation the two steelmakers will be forced to merge, combining BlueScope's bigger, more-efficient Port Kembla blast furnaces with OneSteel's South Australian iron ore supply, has been growing ...
OneSteel chairman Peter Smedley told the company's annual general meeting in Melbourne on Monday that the acquisition was "an ideal strategic fit". "The businesses, together with OneSteel's existing ...
ONESTEEL will slash more than 400 jobs and is studying closing down its Whyalla blast furnace as part of a review. OneSteel chief Geoff Plummer stressed that closure of the blast furnace, which has ...
Steel specialist OneSteel has extended an existing IT services contract with CSC for at least another three years at a potential value of AU$50 million. OneSteel has had a relationship with CSC since ...