BSL 0.24% $21.14 bluescope steel limited

Ann: Market update on 1H FY2024 earnings guidance, page-7

  1. 169 Posts.
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    Hi all,

    I've noticed that the HRC price on Marketwatch went up to $828 overnight (Sydney time) with contract rollover from October to November. From what I have seen this price was stuck around $700 recently. I have also read that Nucor and Cleveland Cliffs have raised their minimum prices to $800/ton. So I am wondering if this means that we can expect BSL North Star's spreads to increase from now on? Or just any general thoughts on this.

    Note, I don't hold the shares directly anymore and have been playing around with BSL options and am currently long.
 
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