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Australian steelmaker BlueScope has adjusted its guidance for the remainder of this fiscal year due to rising steel prices and favourable market conditions for the company's US-based North Star operations, Kallanish understands. The company's expectations have increased from a range of $1.2-1.35 billion to the adjusted range of $1.375 to $1.475 billion resulting from higher than anticipated steel spreads in the US. In contrast to its US operatio…
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