BSL 0.96% $22.02 bluescope steel limited

Ann: Preliminary unaudited 1HFY21 underlying EBIT of around $530M, page-83

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  1. 64 Posts.
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    Another day when the share price heads in opposite direction to the steel prices.....HRC now well in to the $USD900's...if you can get it. Stock shortages on the ground in Oz expanding, major rollformers for roofing and accessories running out of stocks...Landed prices for galvanised steel have now doubled from 1 year ago, BSL increasing prices but not fast enough..its hard to keep up....This sounds unsustainable but it is, this will last at current levels for rest of 2021 at least. Profit upgrades a plenty should be coming over coming months IMHO
 
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