Knowledge

Australian Iron & Steel

Source đź“ť

1506: 213:
In the early years of the Port Kembla plant, during the worst of the Great Depression, there had been a relative absence of union activity and industrial disputes. The dismissal of a mill hand, Norman Annable, for refusing to work overtime on 24 January 1936, precipitated a strike. However, the issue
159:
By 1932, the plant at Port Kembla was making, bars, iron pipes, rails and plate. Planned expansions—a sheet mill, galvanising plant, and modifications to its bar mill—were accommodated within the overall master plan for the site. However, the new plant was beset with difficulties that, ultimately,
135:
Only Howard Smith and the preference shareholders paid cash for their shares. Hoskins and Dorman Long received their shares in exchange for assets that they contributed to the new company. Baldwins received their shares as a part payment for disused rolling mill equipment to be removed from their
199:
The board of AI&S was altered to reflect the new ownership of the company, and Harold Darling became its chairman. It was this new board, who delivered the bad news, in March 1936 of AI&S's 33% fall in half-year profit, and in November 1936, of its half-year loss. AI&S preference
217:
By 1937, a global shortage of steel, encouraged BHP to raise more capital and to expand Port Kembla. A second modern merchant mill, second blast furnace and third steel furnace were added, then a billet mill. The expansions effectively doubled the pre-merger capacity of the works.
200:
shareholders, at least, received some of their deferred distributions, but the outlook for these investors still appeared shaky. In time it would improve, and the preference shares remained a problem for BHP, for many years, due to the high rate these shares paid.
210:, in April 1936; it was expected to add about 20% to the 100,000 tons of galvanised sheet that Lysaght was already making at Newcastle each year. Within a relatively short time, John Lysaght had the mill working properly. 1545: 150:
The company made an issue of new ordinary shares in 1929. It also made investments in two partially-owned subsidiary companies, Southern Portland Cement Ltd. and Southern Blue Metal Quarries.
203:
Howard Smith Ltd retained the BHP ordinary shares it obtained in the merger and quickly benefitted as a result; it continued to be BHP's partner in Southern Portland Cement Ltd, until 1974.
214:
was broader. The workers were seeking improved conditions as well. Soon, over 3000 men were on strike at Port Kembla. The strike would continue until the very end of March 1936.
187:
in AI&S were acquired by BHP, in an exchange for 750,000 BHP ordinary shares, and AI&S became a wholly-owned subsidiary company of BHP. The merger did not include
257:
of AI&S remained trading on the stock exchange, until 1959 when BHP's offer was accepted and the AIS preference shares were converted to ordinary BHP shares.
1550: 1530: 1540: 456: 143:
As previous owners of Hoskins Iron and Steel, the Hoskins family was the largest (but not the majority) shareholder in the new company.
230:. A shortage of shipping and the risk of enemy attack on shipping, led to the wartime reopening of the old Hoskins' ore quarry at 1277: 242:—to keep Port Kembla's two blast furnaces working. The Port Kembla plant produced weapons during the war, including parts for 1555: 116:
The ordinary shares in the new company were held by the former shareholders of Hoskins Iron and Steel (the Hoskins family),
260:
Under its name, the subsidiary company, AI&S, operated the integrated steelworks at Port Kembla, New South Wales, (now
98: 33: 738: 113:. However, it needed more funding to relocate its steelmaking and rolling operations to the coast at Port Kembla. 1474: 1468: 226:
The expansion came just in time, as the Port Kembla steelworks became a critical industry for Australia during
1427: 1051: 1299: 1141: 239: 207: 110: 56: 1422: 45: 1212: 140:
works and reinstalled at Port Kembla. Howard Smith also became the shipping agent for the new company.
147:
became chairman of the new company and his brother Arthur Sidney (Sid) Hoskins also joined the board.
1346: 1207: 1463: 1417: 1319: 1238: 1105: 277: 106: 1489: 1217: 429: 235: 128:(an Australian coal and shipping company). There were also preference shareholders, who received 1497: 1125: 231: 154: 1324: 300: 97:
Australian Iron & Steel (AI&S) was established in 1928 to take over the business of
1304: 1233: 1130: 1115: 125: 41: 238:—together with other ore quarries in New South Wales, including another Hoskins quarry at 8: 1202: 334: 178: 1335: 1288: 330: 313: 425: 296: 1397: 1222: 1152: 1044: 832: 744: 734: 254: 188: 160:
would prove too great for AI&S to resolve, and lead to the company merging with
1228: 1158: 1136: 1120: 1458: 1437: 1412: 1407: 1340: 1197: 1147: 317: 265: 243: 184: 129: 1432: 1110: 629: 68: 1003: 978: 953: 928: 903: 879: 854: 827: 802: 777: 700: 675: 651: 624: 599: 496: 471: 401: 351: 1524: 1493: 1402: 1376: 1294: 574: 549: 524: 376: 144: 102: 748: 1535: 1509: 1392: 1309: 1267: 1037: 227: 1366: 1188: 1169: 1088: 733:. North Wollongong, N.S.W.: University of Wollongong Press. p. 113. 728: 117: 37: 1093: 883:
Daily Commercial News and Shipping List (Sydney, NSW : 1891 - 1954)
1442: 1163: 933:
Newcastle Morning Herald and Miners' Advocate (NSW : 1876 - 1954)
807:
Newcastle Morning Herald and Miners' Advocate (NSW : 1876 - 1954)
782:
Newcastle Morning Herald and Miners' Advocate (NSW : 1876 - 1954)
1371: 1272: 1099: 459: 261: 1283: 121: 1330: 705: 101:. That company had already commenced the work to replace its two 1546:
Companies formerly listed on the Australian Securities Exchange
1314: 680:
South Coast Times and Wollongong Argus (NSW : 1900 - 1954)
137: 730:
The ironmaster : the life of Charles Hoskins, 1851-1926
1060: 161: 73: 206:
The troublesome AI&S sheet mill was transferred to
1029: 766:. Port Kembla: Australian Iron and Steel. p. 42. 444:
Howard Smith Limited: the first 100 years 1854 - 1954
381:
Barrier Miner (Broken Hill, NSW : 1888 - 1954)
880:"IRON ORE WINNING AT THE IRON DUKE, CADIA, N.S.W." 167: 1522: 604:Daily Telegraph (Sydney, NSW : 1931 - 1954) 356:Daily Telegraph (Sydney, NSW : 1883 - 1930) 529:Sunday Mail (Brisbane, Qld. : 1926 - 1954) 84:was an Australian iron and steel manufacturer. 1004:"Union official predicts 14,000 BHP jobs loss" 579:Sydney Morning Herald (NSW : 1842 - 1954) 554:Sydney Morning Herald (NSW : 1842 - 1954) 1045: 908:Yass Tribune-Courier (NSW : 1929 - 1954) 476:Telegraph (Brisbane, Qld. : 1872 - 1947) 92: 268:, in Western Australia (from 1968 to 1982). 194: 1551:Manufacturing companies established in 1928 501:Herald (Melbourne, Vic. : 1861 - 1954) 406:Herald (Melbourne, Vic. : 1861 - 1954) 1052: 1038: 625:"Howard Smith to Sell 1.59m Shares to BHP" 1531:Australian companies established in 1928 1278:Cockatoo Docks & Engineering Company 1008:Canberra Times (ACT : 1926 - 1995) 983:Canberra Times (ACT : 1926 - 1995) 958:Canberra Times (ACT : 1926 - 1995) 726: 1523: 1241:(17% LNG phase, 8% domestic gas phase) 1074: 519: 517: 1033: 346: 344: 249: 155:Cecil Hoskins § A new steelworks 929:"Start Was Made In Small Shell Shop" 761: 720: 514: 489: 331:Australian Iron & Steel Limited 162:Broken Hill Proprietary Co. Limited 13: 1541:Companies based in New South Wales 341: 172: 14: 1567: 1025: 575:"A.I.S. Not Raising More Capital" 446:. Howard Smith. 1954. p. 20. 369: 1505: 1504: 996: 971: 946: 921: 896: 872: 847: 820: 795: 770: 755: 693: 668: 644: 617: 600:"The Financial Editor's Column" 592: 567: 542: 464: 221: 179:Cecil Hoskins § BHP merger 168:Subsidiary company (after 1935) 1475:BHP Group Limited v Impiombato 1469:Ok Tedi environmental disaster 828:"B.H.P. PLANS GREAT EXPANSION" 450: 436: 419: 394: 324: 307: 290: 1: 764:Steel and a Dry Piece of Wood 497:"THE HERALD INVESTORS' GUIDE" 283: 1556:Steel companies of Australia 1213:Kambalda Nickel Concentrator 855:"PORT KEMBLA MILL EMPLOYEES" 124:(two British companies) and 57:Port Kembla, New South Wales 7: 1263:Australian Iron & Steel 979:"Kwinana iron works opened" 727:Hoskins, Donald G. (1995). 550:"AUSTRALIAN IRON AND STEEL" 472:"ALMOST BACK TO 1933 LEVEL" 271: 82:Australian Iron & Steel 17:Australian Iron & Steel 10: 1572: 176: 152: 93:Public company (1928-1935) 87: 1484: 1451: 1385: 1359: 1347:Yeelirrie uranium project 1255: 1208:Kalgoorlie Nickel Smelter 1181: 1142:Orebodies 18, 23 & 25 1081: 1067: 402:"HERALD INVESTORS' GUIDE" 314:Australian Iron and Steel 297:Australian Iron and Steel 264:) and a blast furnace at 195:After the merger with BHP 183:In October 1935, all the 67: 51: 29: 21: 1320:Ravensthorpe Nickel Mine 1239:North West Shelf Venture 1010:. 1982-04-23. p. 15 985:. 1968-11-20. p. 28 960:. 1959-08-19. p. 19 836:. 1937-09-03. p. 10 784:. 1936-03-28. p. 11 709:. 1936-04-07. p. 17 633:. 1974-02-16. p. 16 606:. 1937-02-19. p. 20 556:. 1936-03-28. p. 19 531:. 1937-05-16. p. 33 503:. 1936-03-19. p. 44 408:. 1932-04-14. p. 19 358:. 1928-05-22. p. 19 278:John Lysaght (Australia) 99:Hoskins Iron & Steel 34:Hoskins Iron & Steel 1490:BHP Mitsubishi Alliance 1218:Kwinana Nickel Refinery 1059: 954:"B.H.P. Offer Taken Up" 935:. 1945-06-02. p. 7 910:. 1942-01-12. p. 1 885:. 1943-01-16. p. 2 861:. 1939-04-14. p. 8 809:. 1936-04-01. p. 7 682:. 1936-04-10. p. 7 657:. 1936-04-07. p. 4 581:. 1954-04-10. p. 8 478:. 1936-03-16. p. 5 383:. 1928-06-04. p. 2 433:19 October 1935 page 9 1325:Richards Bay Minerals 301:Sydney Morning Herald 1305:Newcastle Steelworks 1234:Mount Newman railway 126:Howard Smith Limited 1203:Goldsworthy railway 1106:Goonyella Riverside 778:"CASE FOR STRIKERS" 701:"Trade and Finance" 338:5 April 1930 page 7 304:22 May 1928 page 13 18: 1496:between BHP & 1459:BHP Billiton Tower 1336:Whyalla Steelworks 1289:Ekati Diamond Mine 762:Rue, J.G. (1974). 652:"VALE A.I. AND S." 525:"AUSTRALIAN STEEL" 321:23 May 1928 page 4 250:After World War II 109:with a new one at 16: 1518: 1517: 1398:James Balderstone 1355: 1354: 1251: 1250: 1223:Mad Dog oil field 859:Illawarra Mercury 833:Illawarra Mercury 377:"HOSKINS LIMITED" 255:Preference shares 189:preference shares 130:preference shares 79: 78: 1563: 1508: 1507: 1464:Brookfield Place 1428:George McCulloch 1418:Andrew Mackenzie 1229:Moranbah Airport 1079: 1078: 1072: 1071: 1054: 1047: 1040: 1031: 1030: 1019: 1018: 1016: 1015: 1000: 994: 993: 991: 990: 975: 969: 968: 966: 965: 950: 944: 943: 941: 940: 925: 919: 918: 916: 915: 900: 894: 893: 891: 890: 876: 870: 869: 867: 866: 851: 845: 844: 842: 841: 824: 818: 817: 815: 814: 803:"TERMS ENDORSED" 799: 793: 792: 790: 789: 774: 768: 767: 759: 753: 752: 724: 718: 717: 715: 714: 697: 691: 690: 688: 687: 672: 666: 665: 663: 662: 648: 642: 641: 639: 638: 621: 615: 614: 612: 611: 596: 590: 589: 587: 586: 571: 565: 564: 562: 561: 546: 540: 539: 537: 536: 521: 512: 511: 509: 508: 493: 487: 486: 484: 483: 468: 462: 454: 448: 447: 440: 434: 426:Merger Completed 423: 417: 416: 414: 413: 398: 392: 391: 389: 388: 373: 367: 366: 364: 363: 348: 339: 328: 322: 311: 305: 294: 19: 15: 1571: 1570: 1566: 1565: 1564: 1562: 1561: 1560: 1521: 1520: 1519: 1514: 1480: 1447: 1413:Essington Lewis 1408:Marius Kloppers 1381: 1351: 1341:Woodside Energy 1315:OneSteel/Arrium 1247: 1198:Douglas Complex 1177: 1131:Mount Whaleback 1063: 1058: 1028: 1023: 1022: 1013: 1011: 1002: 1001: 997: 988: 986: 977: 976: 972: 963: 961: 952: 951: 947: 938: 936: 927: 926: 922: 913: 911: 902: 901: 897: 888: 886: 878: 877: 873: 864: 862: 853: 852: 848: 839: 837: 826: 825: 821: 812: 810: 801: 800: 796: 787: 785: 776: 775: 771: 760: 756: 741: 725: 721: 712: 710: 699: 698: 694: 685: 683: 674: 673: 669: 660: 658: 655:Lithgow Mercury 650: 649: 645: 636: 634: 623: 622: 618: 609: 607: 598: 597: 593: 584: 582: 573: 572: 568: 559: 557: 548: 547: 543: 534: 532: 523: 522: 515: 506: 504: 495: 494: 490: 481: 479: 470: 469: 465: 455: 451: 442: 441: 437: 424: 420: 411: 409: 400: 399: 395: 386: 384: 375: 374: 370: 361: 359: 350: 349: 342: 329: 325: 318:Lithgow Mercury 312: 308: 295: 291: 286: 274: 252: 244:25-pounder guns 224: 197: 185:ordinary shares 181: 175: 173:Merger with BHP 170: 157: 95: 90: 63: 59: 44: 40: 36: 12: 11: 5: 1569: 1559: 1558: 1553: 1548: 1543: 1538: 1533: 1516: 1515: 1513: 1512: 1501: 1500: 1485: 1482: 1481: 1479: 1478: 1471: 1466: 1461: 1455: 1453: 1449: 1448: 1446: 1445: 1440: 1435: 1433:Jacques Nasser 1430: 1425: 1420: 1415: 1410: 1405: 1400: 1395: 1389: 1387: 1383: 1382: 1380: 1379: 1374: 1369: 1363: 1361: 1357: 1356: 1353: 1352: 1350: 1349: 1344: 1338: 1333: 1328: 1322: 1317: 1312: 1307: 1302: 1297: 1292: 1286: 1281: 1275: 1270: 1265: 1259: 1257: 1253: 1252: 1249: 1248: 1246: 1245: 1242: 1236: 1231: 1226: 1220: 1215: 1210: 1205: 1200: 1195: 1185: 1183: 1179: 1178: 1176: 1175: 1173: 1167: 1161: 1156: 1150: 1145: 1139: 1134: 1128: 1123: 1118: 1113: 1108: 1103: 1097: 1091: 1085: 1083: 1076: 1069: 1065: 1064: 1057: 1056: 1049: 1042: 1034: 1027: 1026:External links 1024: 1021: 1020: 995: 970: 945: 920: 895: 871: 846: 819: 794: 769: 754: 739: 719: 692: 667: 643: 630:Canberra Times 616: 591: 566: 541: 513: 488: 463: 449: 435: 418: 393: 368: 340: 323: 306: 288: 287: 285: 282: 281: 280: 273: 270: 251: 248: 236:branch railway 223: 220: 196: 193: 177:Main article: 174: 171: 169: 166: 153:Main article: 103:blast furnaces 94: 91: 89: 86: 77: 76: 71: 65: 64: 61: 55: 53: 49: 48: 31: 27: 26: 23: 9: 6: 4: 3: 2: 1568: 1557: 1554: 1552: 1549: 1547: 1544: 1542: 1539: 1537: 1534: 1532: 1529: 1528: 1526: 1511: 1503: 1502: 1499: 1495: 1494:joint venture 1491: 1487: 1486: 1483: 1477: 1476: 1472: 1470: 1467: 1465: 1462: 1460: 1457: 1456: 1454: 1450: 1444: 1441: 1439: 1438:John Prescott 1436: 1434: 1431: 1429: 1426: 1424: 1423:Ken MacKenzie 1421: 1419: 1416: 1414: 1411: 1409: 1406: 1404: 1403:Chip Goodyear 1401: 1399: 1396: 1394: 1391: 1390: 1388: 1384: 1378: 1377:WMC Resources 1375: 1373: 1370: 1368: 1365: 1364: 1362: 1358: 1348: 1345: 1342: 1339: 1337: 1334: 1332: 1329: 1326: 1323: 1321: 1318: 1316: 1313: 1311: 1308: 1306: 1303: 1301: 1298: 1296: 1295:Ekati Airport 1293: 1290: 1287: 1285: 1282: 1279: 1276: 1274: 1271: 1269: 1266: 1264: 1261: 1260: 1258: 1254: 1243: 1240: 1237: 1235: 1232: 1230: 1227: 1224: 1221: 1219: 1216: 1214: 1211: 1209: 1206: 1204: 1201: 1199: 1196: 1193: 1191: 1187: 1186: 1184: 1180: 1174: 1171: 1168: 1165: 1162: 1160: 1157: 1154: 1151: 1149: 1146: 1143: 1140: 1138: 1135: 1132: 1129: 1127: 1124: 1122: 1119: 1117: 1114: 1112: 1109: 1107: 1104: 1101: 1098: 1095: 1092: 1090: 1087: 1086: 1084: 1080: 1077: 1073: 1070: 1066: 1062: 1055: 1050: 1048: 1043: 1041: 1036: 1035: 1032: 1009: 1005: 999: 984: 980: 974: 959: 955: 949: 934: 930: 924: 909: 905: 899: 884: 881: 875: 860: 856: 850: 835: 834: 829: 823: 808: 804: 798: 783: 779: 773: 765: 758: 750: 746: 742: 740:0-646-20880-2 736: 732: 731: 723: 708: 707: 702: 696: 681: 677: 676:"SHEET MILLS" 671: 656: 653: 647: 632: 631: 626: 620: 605: 601: 595: 580: 576: 570: 555: 551: 545: 530: 526: 520: 518: 502: 498: 492: 477: 473: 467: 461: 458: 453: 445: 439: 432: 431: 427: 422: 407: 403: 397: 382: 378: 372: 357: 353: 352:"Advertising" 347: 345: 337: 336: 332: 327: 320: 319: 315: 310: 303: 302: 298: 293: 289: 279: 276: 275: 269: 267: 263: 258: 256: 247: 245: 241: 237: 233: 229: 219: 215: 211: 209: 204: 201: 192: 191:in AI&S. 190: 186: 180: 165: 163: 156: 151: 148: 146: 145:Cecil Hoskins 141: 139: 133: 132:paying 7.5%. 131: 127: 123: 119: 114: 112: 108: 104: 100: 85: 83: 75: 72: 70: 66: 58: 54: 50: 47: 43: 39: 35: 32: 28: 24: 20: 1473: 1393:Philip Aiken 1360:Acquisitions 1310:Ok Tedi Mine 1268:BHP Shipping 1262: 1189: 1126:Mount Arthur 1012:. Retrieved 1007: 998: 987:. Retrieved 982: 973: 962:. Retrieved 957: 948: 937:. Retrieved 932: 923: 912:. Retrieved 907: 898: 887:. Retrieved 882: 874: 863:. Retrieved 858: 849: 838:. Retrieved 831: 822: 811:. Retrieved 806: 797: 786:. Retrieved 781: 772: 763: 757: 729: 722: 711:. Retrieved 704: 695: 684:. Retrieved 679: 670: 659:. Retrieved 654: 646: 635:. Retrieved 628: 619: 608:. Retrieved 603: 594: 583:. Retrieved 578: 569: 558:. Retrieved 553: 544: 533:. Retrieved 528: 505:. Retrieved 500: 491: 480:. Retrieved 475: 466: 452: 443: 438: 430:The Advocate 428: 421: 410:. Retrieved 405: 396: 385:. Retrieved 380: 371: 360:. Retrieved 355: 333: 326: 316: 309: 299: 292: 259: 253: 228:World War II 225: 222:World War II 216: 212: 208:John Lysaght 205: 202: 198: 182: 158: 149: 142: 134: 122:Baldwins Lid 115: 96: 81: 80: 52:Headquarters 42:Howard Smith 1367:Oz Minerals 1137:Olympic Dam 1121:Mount Keith 457:Our history 240:Breadalbane 118:Dorman Long 111:Port Kembla 38:Dorman Long 1525:Categories 1498:Mitsubishi 1492:, a 50/50 1488:Assets of 1443:Colin Syme 1153:Resolution 1148:Peak Downs 1014:2021-08-27 989:2021-08-27 964:2021-03-31 939:2021-09-17 914:2021-09-04 904:"IRON ORE" 889:2021-09-01 865:2021-09-01 840:2021-08-31 813:2021-09-08 788:2021-09-08 713:2021-08-26 686:2021-08-23 661:2021-08-23 637:2021-09-12 610:2021-09-12 585:2021-09-12 560:2021-09-12 535:2021-09-12 507:2021-09-12 482:2021-09-11 412:2021-09-12 387:2021-08-29 362:2021-09-02 284:References 1372:Petrohawk 1273:BlueScope 1111:Jimblebar 1100:Escondida 460:BlueScope 262:BlueScope 164:in 1935. 62:Australia 1510:Category 1284:Comsteel 1190:Atlantis 1116:Leinster 1094:CerrejĂłn 749:35521838 335:The News 272:See also 234:and its 46:Baldwins 1331:South32 1300:Lysaght 1075:Current 706:The Age 266:Kwinana 107:Lithgow 88:History 30:Founder 22:Founded 1386:People 1256:Former 1244:VF2388 1170:Yarrie 1159:Saraji 1089:Area C 1068:Assets 747:  737:  138:Margam 69:Parent 1452:Other 1343:(40%) 1327:(37%) 1291:(80%) 1280:(38%) 1225:(24%) 1194:(44%) 1182:Other 1172:(85%) 1166:(85%) 1164:Yandi 1155:(50%) 1144:(85%) 1133:(85%) 1102:(58%) 1096:(33%) 1082:Mines 232:Cadia 745:OCLC 735:ISBN 120:and 25:1928 1536:BHP 1061:BHP 105:at 74:BHP 1527:: 1192:PQ 1006:. 981:. 956:. 931:. 906:. 857:. 830:. 805:. 780:. 743:. 703:. 678:. 627:. 602:. 577:. 552:. 527:. 516:^ 499:. 474:. 404:. 379:. 354:. 343:^ 246:. 60:, 1053:e 1046:t 1039:v 1017:. 992:. 967:. 942:. 917:. 892:. 868:. 843:. 816:. 791:. 751:. 716:. 689:. 664:. 640:. 613:. 588:. 563:. 538:. 510:. 485:. 415:. 390:. 365:.

Index

Hoskins Iron & Steel
Dorman Long
Howard Smith
Baldwins
Port Kembla, New South Wales
Parent
BHP
Hoskins Iron & Steel
blast furnaces
Lithgow
Port Kembla
Dorman Long
Baldwins Lid
Howard Smith Limited
preference shares
Margam
Cecil Hoskins
Cecil Hoskins § A new steelworks
Broken Hill Proprietary Co. Limited
Cecil Hoskins § BHP merger
ordinary shares
preference shares
John Lysaght
World War II
Cadia
branch railway
Breadalbane
25-pounder guns
Preference shares
BlueScope

Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.

↑