Edition:
India

BlueScope Steel Ltd (BSL.AX)

BSL.AX on Australia Stock Exchange

12.62AUD
19 Jul 2019
Change (% chg)

$0.30 (+2.44%)
Prev Close
$12.32
Open
$12.30
Day's High
$12.63
Day's Low
$12.26
Volume
2,712,653
Avg. Vol
3,320,714
52-wk High
$18.90
52-wk Low
$10.31

Latest Key Developments (Source: Significant Developments)

Bluescope Steel Posts HY Reported NPAT Of $624.3 Mln
Monday, 25 Feb 2019 

Feb 25 (Reuters) - BlueScope Steel Ltd ::HY REPORTED NPAT $624.3 MILLION VERSUS $441.2 MILLION.HY SALES REVENUE FROM CONTINUING OPERATIONS $ 6,398.1 MILLION VERSUS $5,448.4 MILLION.INTERIM ORDINARY DIVIDEND 6.0 CPS.CURRENTLY EXPECT FY2019 UNDERLYING EBIT TO BE AROUND 10% HIGHER THAN FY2018.SECOND HALF IS EXPECTED TO BE SOFTER THAN FIRST HALF OF FY2019.HY UNDERLYING NPAT $613.5 MILLION VERSUS $327 MILLION.EXPECT 2H FY2019 UNDERLYING NET FINANCE COSTS AND UNDERLYING TAX RATE TO BE SIMILAR TO 1H FY2019.  Full Article

Bluescope Steel Co's Unit Has Acquired About 15.8% Shares In Steel & Tube Holdings Limited
Wednesday, 17 Oct 2018 

Oct 17 (Reuters) - Bluescope Steel Ltd ::CO'S UNIT HAS ACQUIRED ABOUT 15.8% SHARES IN STEEL & TUBE HOLDINGS LIMITED FOR A TOTAL CONSIDERATION OF A$42.3 MILLION.NEITHER BLUESCOPE NOR NEW ZEALAND STEEL HAS ANY INTENTION TO MAKE A TAKEOVER OFFER FOR STEEL & TUBE.  Full Article

Bluescope Steel Says FY Reported NPAT $1.57 Bln
Monday, 13 Aug 2018 

Aug 13 (Reuters) - BlueScope Steel Ltd ::FY REPORTED NPAT $1,569 MILLION VERSUS $715.9 MILLION.FY SALES REVENUE FROM CONTINUING OPERATIONS $11,497.8 MILLION VERSUS $10,529.8 MILLION.DECLARES FINAL ORDINARY DIVIDEND OF 8 CENTS PER SHARE.EXPECT 1H FY2019 UNDERLYING EBIT AROUND 10% HIGHER THAN 2H FY2018 UNDERLYING EBIT.EXPECT 1H FY2019 UNDERLYING NET FINANCE COSTS TO BE LOWER THAN 2H FY2018.  Full Article

Bluescope Steel Says Gretta Stephens Appointed As Chief Executive New Zealand & Pacific Islands​
Monday, 9 Apr 2018 

April 9 (Reuters) - BlueScope Steel Ltd ::‍ANNOUNCED APPOINTMENT OF GRETTA STEPHENS AS CHIEF EXECUTIVE NEW ZEALAND & PACIFIC ISLANDS​.‍SANJAY DAYAL, CHIEF EXECUTIVE STRATEGY AND OPTIMISATION TO LEAVE CO​.  Full Article

Bluescope Steel Increases Earnings Guidance For H1FY2018 And Updates On U.S. Earnings
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - Bluescope Steel Ltd ::‍EXPECTS UNDERLYING EBIT FOR SIX MONTHS ENDED 31 DEC 2017 TO BE AROUND $460 MILLION.U.S. EARNINGS TO BENEFIT FROM LOWER FEDERAL TAX RATE, ANTICIPATES 7% DECREASE IN FY2018 AND 11% DECREASE THEREAFTER​.  Full Article

Bluescope Steel Ltd names Tania Archibald as new group CFO‍​
Monday, 27 Nov 2017 

Nov 27 (Reuters) - Bluescope Steel Ltd ::- TANIA ARCHIBALD, CURRENT CFO OF BANZ, TO BECOME CO'S NEW GROUP CFO‍​.‍CFO CHARLIE ELIAS WILL​ BECOME CHIEF EXECUTIVE OF NS BLUESCOPE A JV WITH NIPPON STEEL & SUMITOMO METAL CORPORATION GROUP.  Full Article

Bluescope Steel says ‍proceedings issued in New Zealand against Toward Industries
Wednesday, 30 Aug 2017 

Aug 30 (Reuters) - Bluescope Steel Ltd :Proceedings have been issued in New Zealand against one of its subsidiaries, Toward Industries by Nz Iron Sands Holdings​.Bluescope and toward consider NZIS claims to be completely unfounded.‍Proceedings relate to NZIS' failed attempt to buy Toward's Taharoa Iron Sands mining business​.NZIS is claiming loss of opportunity for NZSM to make trading profits that NZIS calculates as $886m for period 2017 to 2029.  Full Article

Photo

Breakingviews - Miner exits shift coal spotlight to Anglo American

HONG KONG (Reuters Breakingviews) - There's a rush for the exits in thermal coal. Miner BHP has become the latest heavyweight to consider a sale, according to Bloomberg. That's sensible, given weak prices, environmental pressure and a business that is barely material for the world's largest digger. But it shifts the spotlight to Anglo American, for whom the power station fuel matters more.