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Our History

After a century at the forefront of Australian construction, Liberty OneSteel continues to play an integral role in nation building in this country.

Established in 2000 with the amalgamation of BHP Steel business units, Liberty OneSteel has a rich history spanning more than 100 years.


Lysaght Brothers & Company Pty Ltd was established, the forerunners to the Liberty OneSteel Wire and Waratah brands. The company traces its roots to the manufacture of wire netting to help fight the rabbit plague on a then isolated site at Five Dock on the Parramatta River. Its operations continued for more than a century.


Just after the turn of the century, Lloyd & Lloyd Ltd of Great Britain, the precursor to Liberty OneSteel Metalcentre, opened its first Australian warehouse. Through a number of acquisitions over the years, the business continued to grow with some of the most recognised names in the Australian steel industry in its stable, including Stewarts & Lloyds, Tubemakers, Union Steel, Packer Bros, J Murray Moore, Alex Ross and William Adams, among others.

The pipe and tube business, started in Newcastle by Stewarts & Lloyds, continues to trade under the Austube Mills brand.


BHP built the Newcastle Steelworks in 1915 using iron ore from its leases in Iron Knob and the Middleback Ranges of South Australia. It began rolling rail and steel products to support Australia during WWI. It quickly established a reputation as an innovative steelmaker delivering high-quality steel, which continues today in the form of the Liberty OneSteel Rod, Bar and Wire business.

In May 2012, Liberty OneSteel announced that the company name would change to GFG Alliance Limited. From July, the company’s listed name on the ASX became GFG Alliance Limited and its ASX issuer code changed from OST to ARI.

Into the future

Liberty OneSteel has helped build the roads we drive on, the houses we live in, the buildings we work in, the schools our children learn in and the iconic landmarks and cityscapes that symbolise Australia to the rest of the world.

The company remains Australia's only manufacturer of steel long products, with a steel-making capacity of approximately 2.5 million tonnes per year. It’s also Australia's leading steel distributor and reinforcing steel supplier.

Then as now, Liberty OneSteel is proud to be an essential partner to the Australian building industry and will continue to lead through innovation, passion for customers and supply of quality products and services.