Industrialisation of Ausrtalia Steel & Iron By s03065 Period: Jan 1, 1830 to Dec 31, 1835 Approximatly 5500 tons of Iron and Steel are imported and a further 7500 by the end of 1840. Jan 1, 1841 Peter Russell took over the Sydney foundry and engineering works Jan 1, 1848 first attempt at establishing smelting of iron and steel near Mittagong, NSW Jan 1, 1870 Institute of engineering foundered Jan 1, 1873 second attempt at estiblishing iron and steel smelting in Victoria Jan 1, 1874 Victorian iron companay became Lal Lal mining Co.Ltd Period: Jan 1, 1875 to Dec 31, 1880 Small blast furnace was built but in 1880 stoped operating Jan 1, 1877 Smmelting plant near Mittagong,NSW closed