Sims Limited and Alter Steel sign MOU for scrap supply to new Queensland steel mill

Sims Limited and Alter Steel entered into a non-binding MOU for Sims to exclusively supply up to 550,000 tonnes of ferrous scrap annually to Alter's proposed electric arc furnace steel mill in Pinkenba, Queensland, planned for 2028.

“Sims Limited and Equest Steel Pty Ltd, trading as Alter Steel, today announced they have entered into a non-binding Memorandum of Understanding (MOU), to establish a scrap supply and services agreement supporting Alter’s proposed electric arc furnace (EAF) planned for Pinkenba, Queensland in 2028.”barchart.com

• 1 source
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