Acquirer: OneSteel Trading Pty Ltd; Target: Midalia Steel

Summary

OneSteel Trading Pty Ltd acquired Midalia Steel, a West Australian steel products distributor.

Market definition

The market for distribution of steel and other metal products in Western Australia

Competition analysis

The ACCC considered the acquisition of Midalia Steel by OneSteel is not likely to result in a substantial lessening of competition in the Western Australian market for metals distribution because:

Another distributor of similar size (Smorgon) and a range of smaller distributors are capable of competing actively with the merged entity;

The level of imports overall and across most product segments suggests the market will remain both contestable and competitive.

Guidelines thresholds

Unknown

Imports above 10%

Unknown

Initiation

Parties

ANZSIC code

4522