BSL bluescope steel limited
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For so long BSL had a tide of things going against it. exchange...

  1. T1243
    496 Posts.
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    26/07/13
    09:56
    Post #: 12113489
    For so long BSL had a tide of things going against it. exchange rate, cheap steel imports, high commodity prices and charges like the carbon tax. While the Govt. gifted (unconditionally) $300m to shut them up on the carbon tax, it was otherwise looking decidedly tragic.

    How the tide turns; they now are seeing the AUD fall, commodity prices staying reasonably low, restraints on cheap steel dumping, halving if not removal of carbon tax, and they get to keep the $300m.

    First sign of reporting in the black will see the price go to $6
    BSL Price at posting: $5.06 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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$22.47 		Change
0.000(0.00%) 		Mkt cap ! $9.855B
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Last trade - 09.54am 17/09/2025 (20 minute delay) ?
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