BSL 0.68% $20.39 bluescope steel limited

Ord Minnett monthly recommends BSL "accumulate", page-265

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    They need to announce a substantial downgrade (probably -10%) for the current year as soon as they know. They haven't announced anything so current year must be reasonably aligned to what was said at the half year. Next year may be down if margins continue to be squeezed.
 
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