HRC steel prices are being raised to the largest price per USD, about $21 per tonne to the largest margin in many international regions ever according to the Metal Bulletin.
Indian, Chinese and American steel mills are struggling to keep up with demand.
BSL with its colorbond product could be set to soar. The P/E ratio for BSL is 4.23. At $13.52 AUD, BSL seems unbelievably cheap.
you would almost think the off-mentioned US Steel, ArcelorMittal TO bid might not be too far away.
Would there be any reason why the FIRB, ACCC or Government would not approve such a bid on anti-trust grounds or foreign ownership grounds?
Ann: 1H FY2019 Results Press Release, page-36
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$21.59 |
Change
-0.400(1.82%) |
Mkt cap ! $9.473B | |||
| Open | High | Low | Value | Volume |
| $21.99 | $21.99 | $21.59 | $28.39M | 1.312M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5270 | $21.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.69 | 1031 | 2 |
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