# 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.

- Type: Partnership
- Announced: 2025-07-30
- Where: Pinkenba, Queensland, Australia
- Value: $500.0M (750.0M AUD)
- Jobs: 220
- Status: announced
- Capacity: 500,000 tonnes of reinforcing steel per year
- Products: ferrous scrap, reinforcing steel
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Sims Ltd.](https://endata.com/companies/79155.md) (partner)
- [Alter Steel](https://endata.com/companies/86338.md) (partner)

## Sources

- [barchart.com](https://www.barchart.com/press-releases/33760725/sims-limited-and-alter-steel-collaborate-to-help-grow-queenslands-clean-steel-industry), 2025-07-30: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.