Smorgon Steel was an Australian steel manufacturing company. It was the last remaining part of Smorgon Consolidated Industries, founded in 1958 by Victor Smorgon, member of the Smorgon family.[1]

Smorgon Steel
IndustrySteelmaking
Founded1958
FounderVictor Smorgon
Defunct2007
SuccessorOneSteel
Headquarters,
Australia
Key people
Graham Smorgon (Chairman)
Revenue$3.2 billion (2006)
$782 million (2006)
$264 million (2006)
Number of employees
5,800 (2006)
Websitewww.smorgonsteel.com.au

In 1997, Smorgon purchased structural materials Welded Mesh from Leighton Holdings.[2] In December 1998, Smorgon Steel took over Australian National Industries.[3][4] It was floated on the Australian Securities Exchange in February 1999.[5][6]

In December 2001, Bradken was sold to Castle Harlan Australian Mezzanine Partners.[7][8] In 2007 Smorgon Steel merged with OneSteel, with its distribution operations sold to BlueScope.[9]

References edit

  1. ^ "Smorgon Steel Group Ltd". Company Histories. Smorgon Consolidated Industries: 231–241. 1974. doi:10.25291/vr/1974-vr-231.
  2. ^ Smorgon Steel boosts stocks Australian Financial Review 17 April 1997
  3. ^ Smorgon Steel Offer $1.10 All Cash Alternative for ANI Smorgon Steel 17 December 1998
  4. ^ Smorgon Steel now Set to Acquire 100% of ANI Smorgon Steel 29 January 1999
  5. ^ Smorgon Steel enters an exciting new era Smorgon Steel 3 February 1999
  6. ^ Smorgon goes public after ANI acquisition Metal Bulletin 21 February 1999
  7. ^ Smorgon Steel Completes Sale of Bradken Resources Division Smorgon Steel 24 December 2001
  8. ^ Smorgon Offloads Bradken in $185 Million Buyout Railway Digest December 2001 page 7
  9. ^ OneSteel, Smorgon Steel and BlueScope Steel finalise agreement Smorgon Steel 5 April 2007