A troublesome blast furnace at Whyalla Steelworks to set to go offline again with advisors brought in to find a solution for the factory. It is the same blast furnace that came back online in January ...

GFG Alliance chief Sanjeev Gupta swooped in to buy the Foreshore Motor Inn at one of the steel city’s prime spots in November 2023 after its former owners struggled with a sale to developers for five ...

They moved to first distance its separate company InfraBuild that integrates scrap metal recycling and steel manufacturing from the unfolding controversy. “GFG is assessing what this means and is ...

THE new owner of Arrium says it plans to increase ­production at its key Victorian steel mill, which forms a core part of an ambitious growth strategy. GFG Alliance Australian development director ...

OneSteel will axe another 145 jobs as it attempts to cut costs to save its ailing steel business built around the Whyalla blast furnace in South Australia. It will also stop calling itself a ...

Loss-making steelmaker OneSteel has announced its manufacturing plant at Kembla Grange would cease operations on May 31, costing 56 jobs. The heavy industry city of Wollongong in NSW continues to be ...

The contingency plan to provide government bridging finance has been canvassed between the pair since early last month, when problems emerged with corporate funding of Mr Gupta’s GFG Alliance. The ...

As worried Whyalla workers wait to hear their fate, Premier Steven Marshall has been in talks with the Prime Minister about finance to keep the steelworks afloat. The contingency plan to provide ...

Citibank, acting on behalf of Credit Suisse, filed a winding up in insolvency application for OneSteel Manufacturing and Tahmoor Coal on Tuesday in the NSW Supreme Court. If successful, the move could ...

Sanjeev Gupta’s Australian steelmaking arm says it’s received ‘multiple offers of finance’ as it fights moves to put its Whyalla steelworks into liquidation. Citibank, acting on behalf of Credit ...