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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.
Australian steel producer Bluescope said annual profit plummeted 90%, blaming a "maze" of tariffs imposed by U.S. President ...
Skyrocketing electricity and gas prices are pushing domestic manufacturing to a tipping point, BlueScope warns, as its full-year profit drops 90 per cent.
CEO Mark Vassella wants gas reserved for Australian manufacturing and is worried about the implications of ADNOC’s $36 ...
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 ...
Australia's BlueScope Steel reported a 90% slump in annual profit on Monday, citing an impairment charge at its coated ...
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.
Australian steelmaker BlueScope Steel reported a 27% fall in first-half profit, reflecting weaker prices for its sales, and expects earnings to fall slightly in its second fiscal half.
Photo: Bloomberg News SYDNEY—A year ago, BlueScope Steel Ltd. BSL 0.25% worried that its Port Kembla steelworks—Australia’s biggest with more than 4,000 workers—no longer had a future.
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