Market Research Report on Structural Steel Fabricating Sector in Australia
The volume of various types of construction going in a region determines the extent of structural steel fabricating activities and revenues of the area. The same is the case with Australia.
The recession of late 2008 threw hurdles in the path of the significant progress that the sector was making until then with increase in construction activities. Since then, with minimal construction growth, the sector remained weak with lesser growth. This growth was further hampered by a spurt in imports due to manufacturers from China and Indonesia supplying products at a lesser cost.
According to IBISWorld industry expert David Stephen, before the recession the industry was bolstered with considerable building activity especially in the non-housing sectors such as constructions of institutions and bridges and roads.
The recession made the availability of financing difficult. Stephen stated that this brought about a vast reduction in housing starts in 2008-09 which again saw a spurt during 2009-10 and then gradually settled into a reasonable level the following year. As a result of this decrease, demand for structural steel also dropped significantly, but was marginally sustained by moderate construction activities in the non-housing segments. With the improving conditions, the industry earnings are estimated to touch 7.76 billion dollars during 2011-12. Although local requirements would not be too consistent, there would be a general upward incline In the coming five years. The structural steel fabricating sector is expected to experience persistent growth, supported by an increase in construction jobs due to improving financial conditions. The constructions would be non-housing to a large extent. Decline in steel prices would help in securing higher profits for the participants in the industry.
Source: http://www.ibisworld.com.au
Written by
Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.
Please use one of the following formats to cite this article in your essay, paper or report:
APA
Scanlon, Joel. (2019, February 21). Market Research Report on Structural Steel Fabricating Sector in Australia. AZoBuild. Retrieved on February 02, 2026 from https://www.azobuild.com/news.aspx?newsID=15516.
MLA
Scanlon, Joel. "Market Research Report on Structural Steel Fabricating Sector in Australia". AZoBuild. 02 February 2026. <https://www.azobuild.com/news.aspx?newsID=15516>.
Chicago
Scanlon, Joel. "Market Research Report on Structural Steel Fabricating Sector in Australia". AZoBuild. https://www.azobuild.com/news.aspx?newsID=15516. (accessed February 02, 2026).
Harvard
Scanlon, Joel. 2019. Market Research Report on Structural Steel Fabricating Sector in Australia. AZoBuild, viewed 02 February 2026, https://www.azobuild.com/news.aspx?newsID=15516.
We're committed to providing free access to quality science. By registering and providing insight into
your preferences you're joining a community of over 1m science interested individuals and help us to
provide you with insightful content whilst keeping our service free.
or
Terms
While we only use edited and approved content for Azthena
answers, it may on occasions provide incorrect responses.
Please confirm any data provided with the related suppliers or
authors. We do not provide medical advice, if you search for
medical information you must always consult a medical
professional before acting on any information provided.
Your questions, but not your email details will be shared with
OpenAI and retained for 30 days in accordance with their
privacy principles.
Please do not ask questions that use sensitive or confidential
information.
Read the full Terms & Conditions.