Danieli will equip new Australian rebar mill

The backers of a proposed recycled-content electric arc furnace (EAF) mill in Australia say they have signed an agreement with Danieli & C. S.p.A. for that Italian firm to supply it with EAF technology.

Alter Steel, which is planning to build the EAF mill to produce steel rebar in Queensland, Australia, made a LinkedIn post this week announcing the agreement.

“After months of global due diligence, design and engineering, we’re proud to announce Danieli Group as our technology and equipment supplier for Queensland’s new steel mill,” Alter Steel says in the post.

“With the contract finalized and down payment made, delivery of Danieli’s Mi.Da technology is now secured."

The company says the planned facility is the first steel mill in Australia to deliver 500,000 metric tons of essential construction products—including wire rod, hot-rolled mesh, spooled coil and bar—directly from one facility.

Danieli has 27 Mi.Da plants operating globally, including in the United States and Europe, producing low-carbon reinforcing steel at scale with proven technology, using 100 percent local scrap, and purpose-built for Queensland’s needs, according to Alter Steel (no relation to U.S. firm Alter Trading).

The Alter Steel website lists three members of the Johnston family as part of the Alter Steel management team. That family also owns Prestons, Australia-based Bestbar Pty. Ltd., which supplies steel rebar products to the Australian construction sector.

The same website also indicates the Alter Steel mill project has investment and advisory backing from BDO, Hatch, Latitude Capital and Power Generation Co.