20
May
20:41
North Star operations boost BlueScope's guidance
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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Anonymous
Very good overview of the weekly steel market.
Anonymous