19
Feb
12:42
BlueScope's profit rises in first half, outlook weakens
Australian steel producer BlueScope reported net profit of $439 million for the first half through December of its 2024 fiscal year (FY2024), up $29m compared to H2 FY2023. However, this is 27% lower than the same period in FY2023.
Revenue of $8.53 billion was 8% lower than H1 FY2023, on lower selling prices and lower despatch volumes, Kallanish learns from the firm’s stock exchange filing. Underlying Ebit meanwhile reached $718.4m, down 16% on-year due to l…
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Anonymous
Very good overview of the weekly steel market.
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