【SMM Steel】Future Forgeworks breaks ground on green steel mill in Queensland

Published: Mar 23, 2026 16:30

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【SMM Steel】Construction began on Australia's first new steel facility in 30 years: the Swanbank Steel Mill in Ipswich. It will transform recycled scrap into low-emissions green steel using SMS group electric tech, aiming to cut emissions >70% and reach net-zero by 2040. First steel is expected in early 2028. Full capacity: 350,000 t/y of rebar, meeting 90% of Queensland's demand. This domestic supply could replace $2bn in imports and support local projects.

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