$9.7bn
$XXX.Xm
20,779
2,065
$X.Xbn
The Structural Steel Fabricating industry has thrived from selling structural frameworks and reinforced steel products for non-residential building, infrastructure and mining markets. The accelerated growth in the construction of landmark transport infrastructure projects, including the WestConnex motorway in Sydney and the Metro Rail Tunnel in Melbourne, has underpinned high-volume sales. Buoyant conditions have prevailed in the non-residential building and mining markets since rebounding from the minor dip following the COVID-19 outbreak.
Industry revenue has grown at a CAGR of 2.2 % over the past five years, to reach an estimated $9.7bn in 2024.
Market size is projected to decline over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 |
---|---|---|
BlueScope Steel | 2,183.0 | |
InfraBuild | 1,832.0 | |
Civmec | 438.5 |
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Industry revenue is measured across several distinct product and services lines, including Rolled-formed structural framework, Reinforcing rods and bars and Reinforcing mesh and wire. Rolled-formed structural framework is the largest segment of the Structural Steel Fabricating in Australia.
Rolled-formed structural framework has waned against import competition
Industry firms manufacture structural steel components that are used in buildings and other structures.
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ANZSIC 2221 - Structural Steel Fabricating in Australia
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Structural steel product sales have surged in the transport infrastructure markets on the back of unprecedented investment in landmark road and rail projects. Several of the ...
Learn about an industry's products and services, markets and trends in international trade.
Imports of rolled-formed structural framework products have dampened the performance of the industry's largest segment. The segment includes fabricated steel products like st...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Queensland and Western Australia see above-average activity in structural steel fabrication enterprises proportional to their population. These states have substantial infras...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Fabricators face intense internal competition, striving to provide cost-effective solutions and specialised products and services. While top players like BlueScope Steel and ...
Learn about the performance of the top companies in the industry.
Steel giants BlueScope and Liberty InfraBuild hold sway in the Structural Steel Fabrication industry. The vertically integrated manufacturers supply an impressive portfolio o...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Governments across all levels enforce numerous regulations on the Structural Steel Fabricating industry. These cover zoning laws and workers' safety measures imposed by local...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Buoyant conditions on the local non-residential building, infrastructure and mining markets have offset the escalation in procurement costs and supported the widening of indus...
Including values and annual change:
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Key data sources in Australia include:
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The market size of the Structural Steel Fabricating industry in Australia is $9.7bn in 2024.
There are 2,065 businesses in the Structural Steel Fabricating industry in Australia, which has grown at a CAGR of 1.9 % between 2019 and 2024.
The market size of the Structural Steel Fabricating industry in Australia has been growing at a CAGR of 2.2 % between 2019 and 2024.
Over the next five years, the Structural Steel Fabricating industry in Australia is expected to decline.
The biggest companies operating in the Structural Steel Fabricating market in Australia are BlueScope Steel, InfraBuild and Civmec
Rolled-formed structural framework and Reinforcing rods and bars are part of the Structural Steel Fabricating industry.
The company holding the most market share in Australia is BlueScope Steel.
The level of competition is high and increasing in the Structural Steel Fabricating industry in Australia.