Reliance Worldwide Corp Ltd

RWC: XASX (AUS)

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Reliance: Exiting Australian Brass but Short-Term Margin Benefit Is a Wash Out

Esther Holloway

Jun 24, 2026

Reliance is to close its Australian brass casting, forging, and machining operations. The operations are surplus to requirements, with the new Sharkbite Max using 20% less brass, some now sourced from Asia, and the progression of a strategy to replace brass with stainless steel across key products.

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Reliance Worldwide Corp Ltd

Reliance: Exiting Australian Brass but Short-Term Margin Benefit Is a Wash Out

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