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The recycled-content steelmaker has recorded an impairment charge against the 2022 acquisition of a North Carolina-based ...
An Australian manufacturing boss has lamented energy costs which are “three to four times more expensive” than in North America and raised alarms about the future of manufacturing in Australia after ...
CEO Mark Vassella wants gas reserved for Australian manufacturing and is worried about the implications of ADNOC’s $36b bid ...
BlueScope Steel reported a 90% drop in annual net profit on lower steel prices and a write-down against its U.S. coated-products business. The Australia-based steelmaker kept its dividend steady, ...
Australian steel producer Bluescope said annual profit plummeted 90%, blaming a "maze" of tariffs imposed by U.S. President ...
Australia’s largest steelmaker is feeling the impact of “cyclically soft conditions and global uncertainty” as impairment costs and US President Donald Trump’s tariff policy crushes profits.
Australia's BlueScope Steel said on Monday it has assembled a heavyweight consortium of global steelmakers to bid for Sanjeev Gupta's troubled Whyalla Steelworks, over a month after the local ...
BlueScope Steel warns Labor’s Future Made In Australia manufacturing policy will not exist unless an urgent intervention is ...
The Australian sharemarket hit another record on Monday, buoyed by banks and communications stocks, as investors digested a ...
Bluescope isn’t convinced it should take on Whyalla rescue, Lendlease finds it groove and Aurizon tries to calm the waters.
Expanding in the U.S. has been part of a strategy plotted by BlueScope Steel to diversify from its home market of Australia.
SYDNEY— BlueScope BSL -0.75% Steel cut its fiscal first-half guidance by roughly 25%, citing challenging operating conditions in the global steel industry. BlueScope, which has operations in ...