{"id":8914,"date":"2025-02-19T17:38:51","date_gmt":"2025-02-19T06:38:51","guid":{"rendered":"https:\/\/yinghuiinternational.com\/?p=8914"},"modified":"2025-02-19T17:38:52","modified_gmt":"2025-02-19T06:38:52","slug":"steelworks-forced-into-administration-to-save-future","status":"publish","type":"post","link":"https:\/\/yinghuiinternational.com\/index.php\/2025\/02\/19\/steelworks-forced-into-administration-to-save-future\/","title":{"rendered":"Steelworks forced into administration to &#8216;save&#8217; future"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The Whyalla Steelworks has been placed into administration after the South Australian government rushed legislation through parliament and pledged &#8220;one of the most comprehensive industry support packages that this nation has ever seen&#8221;.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The move gives the government authority to act on debts owed by GFG Alliance and secure the future of the mid-north operations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Whyalla Steelworks has been placed into administration after the South Australian government rushed legislation through parliament and pledged &#8220;one of the most comprehensive industry support packages that this nation has ever seen&#8221;. The move gives the government authority to act on debts owed by GFG Alliance and secure the future of the mid-north operations.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[5,7],"tags":[],"class_list":["post-8914","post","type-post","status-publish","format-standard","hentry","category-iron-and-steel-industry","category-news"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p83F9T-2jM","jetpack-related-posts":[{"id":8927,"url":"https:\/\/yinghuiinternational.com\/index.php\/2025\/03\/07\/major-steel-player-to-scope-out-whyalla-steelworks\/","url_meta":{"origin":8914,"position":0},"title":"Major steel player to scope out Whyalla steelworks","author":"yinghui","date":"March 7, 2025","format":false,"excerpt":"Olivia Thomson The Whyalla steelworks in South Australia. Image: Alexander\/stock.adobe.com Bluescope has been appointed as a steelmaking advisor to KordaMentha, the administrators of the Whyalla steelworks business in South Australia. Known as Australia\u2019s largest steel manufacturer, BlueScope will provide technical and operational support in an advisory capacity to the administrators\u2026","rel":"","context":"In &quot;Clients&quot;","block_context":{"text":"Clients","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/clients\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2025\/02\/AdobeStock_730606767_Editorial_Use_Only-1024x682.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2025\/02\/AdobeStock_730606767_Editorial_Use_Only-1024x682.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2025\/02\/AdobeStock_730606767_Editorial_Use_Only-1024x682.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2025\/02\/AdobeStock_730606767_Editorial_Use_Only-1024x682.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":988,"url":"https:\/\/yinghuiinternational.com\/index.php\/2015\/10\/03\/arrium-to-slash-jobs-at-whyalla-steelworks%e2%80%8f\/","url_meta":{"origin":8914,"position":1},"title":"Arrium to slash jobs at Whyalla Steelworks\u200f","author":"yinghui","date":"October 3, 2015","format":false,"excerpt":"The owners of the Whyalla Steelworks in South Australia have announced that they will be cutting cost in the aim to save $100 million as they try and improve the viability of the steelworks. The cuts will affect areas such as, souring and procurement, labour and overheads, site rationalisations, corporate\u2026","rel":"","context":"In &quot;Iron and Steel Industry&quot;","block_context":{"text":"Iron and Steel Industry","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/iron-and-steel-industry\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1741,"url":"https:\/\/yinghuiinternational.com\/index.php\/2016\/08\/14\/whyalla-tense-as-arrium-future-remains-uncertain\/","url_meta":{"origin":8914,"position":2},"title":"Whyalla tense as Arrium future remains uncertain","author":"yinghui","date":"August 14, 2016","format":false,"excerpt":"The uncertain future of the Whyalla\u2019s main employer, the Arrium steelworks, continues to trouble the city, with a significant capital injection needed to make the plant competitive again. The ABC\u2019s 7.30 reported last night that, according to unnamed business leaders, retail spending was down as much as 50 per cent.\u2026","rel":"","context":"In &quot;Iron and Steel Industry&quot;","block_context":{"text":"Iron and Steel Industry","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/iron-and-steel-industry\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1353,"url":"https:\/\/yinghuiinternational.com\/index.php\/2016\/04\/19\/keeping-whyalla-open-essential-to-arrium-survival-says-administrator\/","url_meta":{"origin":8914,"position":3},"title":"Keeping Whyalla open essential to Arrium survival, says administrator","author":"yinghui","date":"April 19, 2016","format":false,"excerpt":"A first meeting of Arrium\u2019s creditors is being held today, with the iron and steel business\u2019s administrator saying the future hinges on the Whyalla\u2019s steelworks. Mark Mentha of insolvency firm KordaMentha said most of the company, which owes around $4 billion, is in good shape, but was exposed to the\u2026","rel":"","context":"In &quot;Iron and Steel Industry&quot;","block_context":{"text":"Iron and Steel Industry","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/iron-and-steel-industry\/"},"img":{"alt_text":"r390_54_1013_842_w1200_h678_fmax","src":"https:\/\/i0.wp.com\/www.bnmme.com.au\/wp-content\/uploads\/2016\/04\/r390_54_1013_842_w1200_h678_fmax.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1334,"url":"https:\/\/yinghuiinternational.com\/index.php\/2016\/04\/08\/arrium-enters-voluntary-administration\/","url_meta":{"origin":8914,"position":4},"title":"Arrium enters voluntary administration","author":"yinghui","date":"April 8, 2016","format":false,"excerpt":"Steel and iron ore business Arrium announced this morning that it has appointed Grant Thornton as administrators. \u201cAfter considering the available alternatives, in the current circumstances it has become clear to the board of Arrium that it has, unfortunately, been left with no option than to place the relevant companies\u2026","rel":"","context":"In &quot;Iron and Steel Industry&quot;","block_context":{"text":"Iron and Steel Industry","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/iron-and-steel-industry\/"},"img":{"alt_text":"arrium1-300x270","src":"https:\/\/i0.wp.com\/www.bnmme.com.au\/wp-content\/uploads\/2016\/04\/arrium1-300x270.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1299,"url":"https:\/\/yinghuiinternational.com\/index.php\/2016\/03\/15\/expert-impact-of-whyalla-arrium-closure-would-be-worse-than-holden-shutdown\/","url_meta":{"origin":8914,"position":5},"title":"Expert: impact of Whyalla Arrium closure would be worse than Holden shutdown","author":"yinghui","date":"March 15, 2016","format":false,"excerpt":"The closure of Arrium\u2019s loss-making Whyalla steelworks would have a greater impact on its community than the closure of Holden\u2019s Elizabeth factory next year would, according to Professor John Spoehr. The academic from Flinders University\u2019s Business School told the ABC that the federal and state governments should formulate an assistance\u2026","rel":"","context":"In &quot;Iron and Steel Industry&quot;","block_context":{"text":"Iron and Steel Industry","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/iron-and-steel-industry\/"},"img":{"alt_text":"1455666281558_1","src":"https:\/\/i0.wp.com\/www.bnmme.com.au\/wp-content\/uploads\/2016\/03\/1455666281558_1.jpg?resize=350%2C200","width":350,"height":200},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/posts\/8914","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/comments?post=8914"}],"version-history":[{"count":1,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/posts\/8914\/revisions"}],"predecessor-version":[{"id":8915,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/posts\/8914\/revisions\/8915"}],"wp:attachment":[{"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/media?parent=8914"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/categories?post=8914"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/tags?post=8914"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}