Smorgon Steel | |
Successor: | OneSteel |
Foundation: | 1958 |
Defunct: | 2007 |
Location City: | Port Melbourne |
Location Country: | Australia |
Key People: | Graham Smorgon (Chairman) |
Industry: | Steelmaking |
Revenue: | $3.2 billion (2006) |
Operating Income: | $782 million (2006) |
Net Income: | $264 million (2006) |
Num Employees: | 5,800 (2006) |
Homepage: | www.smorgonsteel.com.au |
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]
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]