26
Apr
12:57
BlueScope raises half-year EBIT guidance
Australia-headquartered steelmaker BlueScope this week raised its forecast underlying earnings before interest and tax (EBIT) for the second half of fiscal year 2023 (FY23), the period January-June 2023, to the range of AUD 700 million ($462m) to AUD 770 million, Kallanish learns.
This implies a sharp increase compared with the previous guidance at AUD 480-550m, which was set in the half-year report released in February this year. At that time, BlueScope explained…
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Anonymous
Very good overview of the weekly steel market.
Anonymous