I think with all of the chaos currently sweeping through BSL as a result of the potential closing of PK for steelmaking, we all need to think of the bigger picture.
BSL makes its money from coating and other add ons.
I think no doubt we'll see a takeover or merger with another organisation within the next few years. It has to be a strategic move as BSL moves away from steel.
A company like Boral would be a great fit as it has a suite of product/service offerings that would compliment BSL.
Disclosure - not holding.
Cheapest listed steel company in the world, page-59
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