BSL 1.05% $22.12 bluescope steel limited

big worry, page-2

  1. DSD
    15,799 Posts.
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    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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