BIS 3.58% $2.69 bisalloy steel group limited

frigate deal, page-2

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    https://www.theage.com.au/politics/...p-industry-turnbull-says-20180628-p4zofd.html

    Is the establishment of a new naval shipbuilding industry at ASC and stronger relationship with BAE and the Brits likely to demand more BIS products ,  armour plate and high strength steels?

    "But by the end of the program, “ASC Shipbuilding will be a strategic national asset capable of independently designing, developing and leading the construction of complex, large naval warships”, Mr Turnbull said in a statement ahead of the formal announcement on Friday." Kind of puts ASC in the same function as Williamstown Naval Dockyard was 50 odd years ago- the wheel turns.
 
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