BSL 1.13% $21.44 bluescope steel limited

big worry, page-2

  1. DSD
    15,757 Posts.
    BSL's plan is to refit one large furnace while churning out flat steel and corrugated iron by the thousands of tons from the remaining plant. They seem in denial that a market for their huge production has halved and will probably halve again over next 6+months. The fall in SP is simply relentless. $2.oo now almost a certainty it seems. Management need to think outside the square.... but continue applying 'she'll be right' strategy.
 
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