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VISION
To be the market leader in Australasian Performance Steel product distribution & processing.
MISSION
We are driven to satisfy our customers, suppliers & employees, utilising improvement, innovation, technology & teamwork, to present our best solutions and provide top quality products, outstanding service & excellent value.
Newsletter 2021 June
June is upon us, and we have been busy fulfilling your orders and working on special projects all over Australia. We have lots of exciting news to come, so be sure to stay tuned!
In Stainless steel news, the industry has been hit by both the removal of the export rebate from China and supply constraints worldwide. See below for more information, and how these changes will affect you.
This month we will be featuring our work on the Thunderbox Mine C.I.L upgrade, as well as highlighting our Buttweld Fittings range, Nesting service and two of our valued staff members.
Any questions, concerns or enquiries? Don't hesitate to get in touch! Click below.
Project Feature
The Thunderbox Mine C.I.L Tank Expansion Project
The Thunderbox deposit is situated at the southern end of the Yandal greenstone belt near the town of Leinster, around 800km northeast of Perth. The deposit was discovered in 1999 and is considered to be one of the significant gold deposits discovered within the last 20 years in Australia.
It is estimated to contain ore reserves of 21.65Mt at 1.5g/t of gold, including 2.9Mt of proved and 18.75Mt of probable reserves as of 2019. The estimate includes 1.23Moz of contained metal, and the processing plant has been operating at a nameplate capacity of 2.5Mtpa since May 2016.
The mine at Thunderbox is currently being updated, with the existing C.I.L (carbon-in-leach) circuit being upgraded.
For this project, Stirlings supplied Stainless steel materials to valued customer Maca Interquip Pty Ltd for the manufacturing of a 17x10m tank, due for completion in September 2021.
The materials utilised were predominantly 6/8/10/12/16 thick plus multiple thicker sizes in 316/316L Stainless steel Plate and a combination of Angle and Flat bar sections.
Interested in top-quality Stainless steel for your next Mining project, big or small? Contact us and check out what we have in stock.
The Thunderbox deposit is situated at the southern end of the Yandal greenstone belt near the town of Leinster, around 800km northeast of Perth. The deposit was discovered in 1999 and is considered to be one of the significant gold deposits discovered within the last 20 years in Australia.
It is estimated to contain ore reserves of 21.65Mt at 1.5g/t of gold, including 2.9Mt of proved and 18.75Mt of probable reserves as of 2019. The estimate includes 1.23Moz of contained metal, and the processing plant has been operating at a nameplate capacity of 2.5Mtpa since May 2016.
The mine at Thunderbox is currently being updated, with the existing C.I.L (carbon-in-leach) circuit being upgraded.
For this project, Stirlings supplied Stainless steel materials to valued customer Maca Interquip Pty Ltd for the manufacturing of a 17x10m tank, due for completion in September 2021.
The materials utilised were predominantly 6/8/10/12/16 thick plus multiple thicker sizes in 316/316L Stainless steel Plate and a combination of Angle and Flat bar sections.
Interested in top-quality Stainless steel for your next Mining project, big or small? Contact us and check out what we have in stock.
Stainless Steel Pricing Update
Supply pressures put further strain on prices.
As most of you may already be aware, Stainless Steel supply channels are feeling strained worldwide after the Chinese government removed the 13% VAT steel export incentive. This action coupled with Asian and European mills already running at high-to-full capacity has resulted in prices increasing significantly through May, with mills offering to only partially fill orders. We are currently receiving landed costs to the end of August in AUD increasing by 20-25%.
There may yet be further export tariff increases similar to those seen in 2005-2007 where there were 7x rounds of tariff increases, this being aimed at curbing exports of preliminary steel products out of China.
We at Stirlings are committed to ensuring continual supply & the best possible value to our loyal customer base. At present, we have significant inventories in our Distribution Centres with further significant tonnes on order through our extensive worldwide supply network.
Please contact us, or get in touch with one of our professional staff in your local state today and let us help you with your next project.
As most of you may already be aware, Stainless Steel supply channels are feeling strained worldwide after the Chinese government removed the 13% VAT steel export incentive. This action coupled with Asian and European mills already running at high-to-full capacity has resulted in prices increasing significantly through May, with mills offering to only partially fill orders. We are currently receiving landed costs to the end of August in AUD increasing by 20-25%.
There may yet be further export tariff increases similar to those seen in 2005-2007 where there were 7x rounds of tariff increases, this being aimed at curbing exports of preliminary steel products out of China.
We at Stirlings are committed to ensuring continual supply & the best possible value to our loyal customer base. At present, we have significant inventories in our Distribution Centres with further significant tonnes on order through our extensive worldwide supply network.
Please contact us, or get in touch with one of our professional staff in your local state today and let us help you with your next project.
Service Highlight - Sigmanest Nesting Software
SigmaNEST - the best.
Nesting refers to the process of laying out cutting patterns to minimise raw material waste when creating shapes. To minimise the amount of scrap raw material produced during cutting, we use the Nesting software, SigmaNEST. The software analyses the shapes, and using algorithms, it then determines how to lay these parts out to produce the required quantities of parts, while minimising the amount of raw material wasted.
At Stirlings, we utilise the state of the art SigmaNEST software for all of our requirements. The proprietary Nesting engines, developed and maintained by an expert team of mathematicians and engineers, offer superior material utilisation and Nesting efficiency.
If you're in need of our Nesting service, DXF files are the preferred method of importing your drawings for quoting and processing. This method ensures the fastest turnaround & best price for quotes & finished jobs.
Nesting refers to the process of laying out cutting patterns to minimise raw material waste when creating shapes. To minimise the amount of scrap raw material produced during cutting, we use the Nesting software, SigmaNEST. The software analyses the shapes, and using algorithms, it then determines how to lay these parts out to produce the required quantities of parts, while minimising the amount of raw material wasted.
At Stirlings, we utilise the state of the art SigmaNEST software for all of our requirements. The proprietary Nesting engines, developed and maintained by an expert team of mathematicians and engineers, offer superior material utilisation and Nesting efficiency.
If you're in need of our Nesting service, DXF files are the preferred method of importing your drawings for quoting and processing. This method ensures the fastest turnaround & best price for quotes & finished jobs.
Product Highlight - Buttweld Fittings
Strongholding all Pipe fabrications.
Buttweld Fittings are utilised for leak-proof Pipe fabrications and are designed to handle corrosive and hazardous fluids. They are vital in a number of industries, including Oil and Gas, Irrigation, Plumbing, Waste Water, Power Generation and Fabrication.
At Stirlings, we stock a large range and depth of Stainless steel Buttweld Fittings, with the following specifications:
Buttweld Fittings are utilised for leak-proof Pipe fabrications and are designed to handle corrosive and hazardous fluids. They are vital in a number of industries, including Oil and Gas, Irrigation, Plumbing, Waste Water, Power Generation and Fabrication.
At Stirlings, we stock a large range and depth of Stainless steel Buttweld Fittings, with the following specifications:
- Manufactured to ASTM A403 WP-W & WP-S ASME B16.9
- Duplex Buttweld Fittings manufactured to A815 Seamless S31803/S32205
- Pickled finish
Employee Profile
Employee Profile
Lawrence Chen - Chief Financial Officer, WA
Lawrence Chen - Chief Financial Officer, WA
I am retiring from my role as the CFO after 25 years at Stirlings.
In my time, besides the normal Financial responsibilities & challenges, I have worked on the Purchase & building of 2 separate purpose-built premises, and the challenges of funding an ever-growing inventory! I am happy to say that we have had strong growth in the last 5 years. I’ve most enjoyed working with the Sales Department in my time at Stirlings ?
I’m looking forward to more family time, and taking it easy + returning to some travel when possible & voluntary work.
New Employee Profile
Matthew Cohen – Customer Service Manager, VIC
Hi, I'm Matthew. I have worked in the Stainless steel industry for 15+ years and am very happy to join the Stirlings team in Victoria.
I have a wife and 3x kids - 1x son and 2x daughters that keep me busy outside of work.
Coming from the sporting capital of the world – I am a big sports fan. I enjoy following the kids sports, Arsenal in the Premier League and Collingwood in the AFL.
Outside of sport I am interested in Travel and my Health & Fitness.
Thank you to Matthew and Lawrence for your great work, and we wish Lawrence a wonderful retirement!
Matthew Cohen – Customer Service Manager, VIC
Hi, I'm Matthew. I have worked in the Stainless steel industry for 15+ years and am very happy to join the Stirlings team in Victoria.
I have a wife and 3x kids - 1x son and 2x daughters that keep me busy outside of work.
Coming from the sporting capital of the world – I am a big sports fan. I enjoy following the kids sports, Arsenal in the Premier League and Collingwood in the AFL.
Outside of sport I am interested in Travel and my Health & Fitness.
Thank you to Matthew and Lawrence for your great work, and we wish Lawrence a wonderful retirement!
Market Trends
Currency
Euro - $1AU = 0.63€
USD - $1AU = $0.77US
Euro - $1AU = 0.63€
USD - $1AU = $0.77US
Copper Price
Close Price - 27/05/21
Previous Close Price - 27/04/21
The price of Copper reached a peak early in the month, dropping and rising again in mid-May, before decreasing towards the beginning of June.
Close Price - 27/05/21
$10,032.65
Previous Close Price - 27/04/21
$9,898.25
Economy
Cash rate -0.10%
Inflation rate -1.1%
Cash rate -0.10%
Inflation rate -1.1%
Nickel Price
Close Price - 27/05/21
$17,364
Previous Close Price - 27/04/21
The price of Nickel was very volatile this month beginning on a high, decreasing and rising again in mid-May, before dipping again and rising slightly at the end of the month.
Close Price - 27/05/21
Previous Close Price - 27/04/21
$16,914
