Industry Economics & Competitiveness

Industrial Steam Cost - Australia

Steam costs are part of the Industry Economics & Competitiveness in Australia report | Updated on June 4th, 2026

Explore this Report

Steam Price Chart

Steam Cost in Australia

The chart above illustrates Steam cost assessments, in US Dollar per metric ton (USD/mt), from May 2022 through May 2023, as described below:

  • Steam, MP, cash cost, on-site: Steam, Medium Pressure, Australia, cash cost, formula, on-site (typical consumer facility)
  • Steam, MP, contract price, exw: Steam, Medium Pressure, Australia, contract price, exw, formula
  • Steam, HP, cash cost, on-site: Steam, High Pressure, Australia, cash cost, formula, on-site (typical consumer facility)
  • Steam, HP, contract price, exw: Steam, High Pressure, Australia, contract price, exw, formula
  • Steam, LP, cash cost, on-site: Steam, Low Pressure, Australia, cash cost, formula, on-site (typical consumer facility)
  • Steam, LP, contract price, exw: Steam, Low Pressure, Australia, contract price, exw, formula
  • Steam, LP, cash cost, off-site: Steam, Low Pressure, Australia, cash cost, formula, off-site (large supplier)
  • Steam, HP, cash cost, off-site: Steam, High Pressure, Australia, cash cost, formula, off-site (large supplier)
  • Steam, MP, cash cost, off-site: Steam, Medium Pressure, Australia, cash cost, formula, off-site (large supplier)

Medium Pressure Steam cash cost for on-site generation in Australia reached 23.30 USD/mt during May 2023, representing a 14.71% decrease compared to April 2023. Throughout the 12-month period, the costs associated with medium pressure steam in Australia experienced an overall decline of 58.16%. Medium Pressure Steam contract price on an ex-works basis in Australia stood at 21.10 USD/mt in May 2023, down 15.60% from the previous month. Over the past year, medium pressure steam contract prices in Australia have declined by 60.35%. High Pressure Steam cash cost for on-site generation in Australia was valued at 25.10 USD/mt in May 2023, showing a 14.56% reduction from April 2023. The annual assessment reveals that high pressure steam costs in Australia have fallen by 58.43% over the 12-month period. High Pressure Steam contract price on an ex-works basis in Australia was 23.00 USD/mt during May 2023, reflecting a 15.44% decrease from April 2023. The yearly trend indicates that high pressure steam contract prices in Australia have decreased by 60.27% over the past 12 months.

The figures shown are illustrative and represent a historical sample from Intratec Industry Economics & Competitiveness. For up-to-date monthly competitiveness benchmarks and industrial cost data across 33 countries, subscribe to Intratec Industry Economics & Competitiveness.

Other Utility Costs

Steam is one of 10 industrial utilities priced monthly — reference data for cost analysis, project evaluation, and competitiveness studies

10 Utilities Priced Monthly

Steam, hydrogen, oxygen, nitrogen, and 6 other key process utilities.

Forward-Looking Series

Short-term forecasts on selected utilities.

10-Year Monthly History

A decade of monthly data for trend analysis and modeling.

Beyond Utility Costs

Industrial utility costs are part of the Industry Economics & Competitiveness subscription — a monthly program benchmarking commodities manufacturing competitiveness across 33 countries.

Explore this Solution

33 Key Countries

Country-by-country monthly reports covering major industrial hubs — USA, China, Germany, Japan, Brazil, India, and more.

7 Industries Covered

Industry-specific rankings across olefins, aromatics, alcohols & organic acids, polymers, fertilizers, inorganic chemicals, and metals.

Reference Datasets

Country-level datasets for estimating individual cost items — labor, utility costs, plant construction costs, and location factors.

Monthly Updates

Fresh data every month, always reflecting the most recent period available, with short-term forecasts on selected series.

Frequently Asked Questions

Monthly Steam cost assessments for Australia are part of the Industrial Utility Costs dataset, included on Advanced and Ultimate plans. Steam sits alongside 9 other industrial utilities — steam, cooling water, compressed air, nitrogen, oxygen, carbon monoxide, demineralized water, process water, and chilled water — each tracked on the same monthly basis.

Learn more

Every month, on the 3rd business day, for Advanced and Ultimate subscribers. Each release covers the most recent period available at the time of publication.

Learn more

As a monthly PDF report, with download and print enabled on Advanced and Ultimate plans. The same data is available through the Excel Add-In, Power BI connector, and REST Web API for direct integration into spreadsheets, dashboards, or models.

Learn more

About Steam

Steam is a versatile utility widely used in process industries for heating, power generation, and driving mechanical equipment. It serves as a key energy source, transferring heat to various processes and driving turbines and compressors.