Bluescope Steel held their AGM today. Interesting comment by new MD re: Zinc, below.
At his first AGM as managing director, Paul O’Malley said:
"Factors that could have a bearing on our second half results are the potential for stronger global steel prices and improving domestic sales versus the continued strong Australian dollar and a return to higher zinc costs.
Seems Steel companies still see risks of higher prices = opportunity?
ZFX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
