24
Aug
01:00
BlueScope profit grows but Kembla could close
Australia’s BlueScope saw a return to profit in the financial year ended June 2015. However, it says it still has to find over A$200 million ($146m) in permanent cost savings at Port Kemble or end steelmaking at the plant, Kallanish notes.
BlueScope earned a net profit after tax of A$136.3m in the 12 months to June 2015, up from a loss of A$218.7m the previous year. The company shipped 6.23 million tonnes of steel products globally, up from 5…
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Anonymous
Very good overview of the weekly steel market.
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