The steel products company is returning funds to shareholders. The post BlueScope share price pushes higher amid $438m ...
Australian steelmaker BlueScope Steel said on Wednesday it would return A$438 million ($292.54 million) to its shareholders ...
BlueScope Steel said it will pay out roughly US$293 million as a special dividend after rebuffing takeover plans involving a U.S. steelmaker that directors say significantly undervalue the business.
BlueScope Steel (ASX:BSL) shares surged following a non-binding indicative proposal from a consortium led by SGH Ltd and Steel Dynamics to acquire 100% of the company. The offer has triggered a ...
Kerry Stokes' SGH and US based Steel Dynamics are quietly confident their bid for the Australian steelmaker will avoid the wrath of the unpredictable Foreign Investment Review Board.
We maintain our fair value estimate of AUD 16.50 for no-moat-rated BlueScope BSL, with shares screening as overvalued. We think the steel spreads of the past three years are untenably high, driven by ...
SYDNEY, Feb 17 (Reuters) - BlueScope Steel (BSL.AX), opens new tab, Australia's largest steelmaker, will be a beneficiary of U.S. President Donald Trump's protectionist tariffs, CEO Mark Vassella said ...
No-moat BlueScope has sold off in recent months, alongside a broader pullback in steel prices. Shares have fallen 17% since March 2024, while US Midwest hot-rolled coil prices are down around 10%.
Australia-based steelmaker BlueScope, which also has operations in the U.S., New Zealand and Asia, expects underlying earnings before interest and tax (EBIT) for the first half its 2025 fiscal year to ...
Mark Vassella, CEO, highlighted the company's resilience during challenging macroeconomic conditions, reporting an underlying EBIT of $309 million and a return on invested capital of 8.1%. Shareholder ...