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Greensteel’s Electric Steel Future | Adelaide News
Description
Greensteel Australia is set to revolutionize Australia’s steel industry with its first all-electric mill in Newcastle, launching in early 2028 after a $500 million investment — just the start of a much larger vision. Meanwhile, the struggling Whyalla Steelworks, offline since April, remains in limbo as Naveen Jindal faces legal issues in India, reigniting fears of past mismanagement. South Australia’s government is still evaluating bids from Jindal Steel and M Resources, pledging to base decisions purely on merit — while keeping the door open for Greensteel to consider Whyalla for its next phase.
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