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$20.32 bluescope steel limited

Project well progressed1– Melt Shop commissioning well underway...

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Rocksinmyhead

1,706 Posts.

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24/09/21

16:38

Post #: 56332291
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Originally posted by Tigers19: ↑

Agree on all fronts. Further and again this week anti-dumping cases continue to fall in their favor. Somehow they are able to demonstrate material injury even with these massive profits? Great for shareholders continues to protect the prices and reduce profits in to Australia. The US also heavily protected as we know under section 232, announcements and of new capacities these are starting but time to complete actual construction is a couple of years......I guess we will just have to get use to them producing multi-billion dollar profits and yet hold a MC of $11b

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Project well progressed1
– Melt Shop commissioning well underway with numerous heats
successfully completed
– Equipment installation substantially complete for the ladle metallurgy
furnace; second caster and tunnel furnace are well advanced with
equipment set and piping and electrical installation works now
commencing
– First coil expected in early 2H FY2022
– Expect an 18 month ramp up to full run rate to follow commissioning

If you are referring to Northstar construction should be finished shortly (2H FY22) however it will take some time to get to full production.

BSL Price at posting: $21.63 Sentiment: Hold Disclosure: Held
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Last $20.32		Change 0.400(2.01%)		Mkt cap ! $8.942B

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