BSL 1.74% $20.51 bluescope steel limited

Ann: Preliminary unaudited 1HFY21 underlying EBIT of around $530M, page-77

  1. 1,709 Posts.
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    Nice big jump up in the share price today. I believe the spot HRC price in the US is up to around $US1,400/t as all imports are allocated out until at least July. Northstar must be printing money at the moment if their pricing structure is based on these spot prices, so a upgrade announcement may be on the way. BSL forecast for the second half at more than $750M is already huge. It looks like the good times will continue for some time to come.
 
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