SYDNEY, Jan 8 (Reuters) - Shares of BlueScope ‌Steel were down 2% in early ‌trading on Thursday after the company rejected a A$13.2 billion ($8.87 billion) takeover offer from Australian conglomerate ...
BlueScope has reported net profit after tax (NPAT) of $179.1 million for the first half of its 2025 fiscal year, a $260.2 million decrease compared with the comparable period in its 2024 fiscal year.
The deal would see SGH acquire all of BlueScope’s shares at A$30 ($20.18) per share in cash. Credit: T. Schneider/Shutterstock.com. · Investment Monitor · T. Schneider/Shutterstock.com. The above ...
He said the steel group’s board had provided “zero clarity” around what price would be required to win its support for a takeover.
The recycled-content steelmaker has recorded an impairment charge against the 2022 acquisition of a North Carolina-based business unit. “While macroeconomic conditions remain mixed, our multi-domestic ...
(Reuters) -Australian steel producer Bluescope said annual profit plummeted 90%, blaming a "maze" of tariffs imposed by U.S. President Donald Trump for lower demand and a hefty writedown on the value ...
(Reuters) -Shares of BlueScope Steel rose to a more than two-month high on Monday, buoyed by expectation that the Australian steelmaker's U.S. business would gain from potential tariffs on all steel ...
Australia's domestic ​gas reservation scheme should ‌bring its delivered price down to A$8-A$10 ($5.73-$7.16) per gigajoule ​to ensure competitiveness, the ​CEO of the country's No. ⁠1 steel producer, ...
SYDNEY - Australia's BlueScope Steel rejected a A$15 billion ($10.7 billion) revised bid from SGH and U.S.-based Steel Dynamics, sending ‌its shares down almost 5% on Thursday, but said it was open to ...
BlueScope Steel Ltd.’s largest shareholder, AustralianSuper, backed the company’s rejection of a A$13.2 billion ($8.8 billion) takeover approach from Steel Dynamics Inc. and Australian conglomerate ...
BlueScope Steel and Rio Tinto have agreed to begin exploring methods of decarbonising the steel-making process — including setting up Australia's first 'green steel' plant. Bluescope Steel partners ...
Australia's largest steelmaker BlueScope has signalled its intention to reinvest record profits into capital works including extensive carbon abatement programs. BlueScope records a record $2.8 ...