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Australian steel producer Bluescope said annual profit plummeted 90%, blaming a "maze" of tariffs imposed by U.S. President ...
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 ...
The recycled-content steelmaker has recorded an impairment charge against the 2022 acquisition of a North Carolina-based ...
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.
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, ...
Last week, you might have seen that BlueScope Steel Limited released its full-year result to the market. The early response was not positive, with shares down 3.4% to AU$23.04 in ...
BlueScope Steel warns Labor’s Future Made In Australia manufacturing policy will not exist unless an urgent intervention is ...
CEO Mark Vassella wants gas reserved for Australian manufacturing and is worried about the implications of ADNOC’s $36 ...
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 ...
SYDNEY— BlueScope Steel Ltd. BSL -1.37% shares plunged as much as 11% after Australia’s biggest steelmaker said weaker global prices for the metal would pinch margins in coming months.
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