Looking at the recent political events the carbon tax is starting to look as though it may not impact the steel sector as much as first feared. Between the unions and opposition, the government will suffer major damage if it the steel industry suffers because of the new tax.
If this is correct then BSL and OST could be re-rated upwards. The carbon tax has been a major weight on steel stocks and if the treat is lifted they should rebound. There is the potential for a small rebuild on positive sentiment before any actual announcements.
Looking at the recent political events the carbon tax is...
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Last
$22.25 |
Change
-0.010(0.04%) |
Mkt cap ! $9.807B | |||
| Open | High | Low | Value | Volume |
| $22.47 | $22.64 | $22.24 | $12.00M | 523.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 204 | $22.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.25 | 636 | 22 |
View Market Depth
| Last trade - 15.38pm 19/09/2025 (20 minute delay) ? |
| BSL (ASX) Chart |