21
Jul
08:17
Business suspension hits BlueScope performance
The performance of Australian steelmaker BlueScope was weaker than expected in January-June due to the impact of the Covid-19 pandemic, Kallanish notes from the company's earnings forecasts.
The company's profit before tax in January-June is expected to be around AUD 260 million ($183m), lower than the previous forecast of AUD 302.4m. This would also result in a full-2019-2020 fiscal year Ebit of approximately AUD 560m, compared to AUD 1.35 …
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Anonymous
Very good overview of the weekly steel market.
Anonymous