Tag: BSL

Australia's largest steelmaker BlueScope Steel (BSL) has further expanded into the North American market by completing the acquisition of steel producer, IMSA Steel Corp.

Australia's largest steelmaker Bluescope Steel (BSL) rose by almost 5% this morning after it said it will expand its operations in North America by acquiring US steel maker IMSA Steel Corp for $850 million

Shares in BlueScope rose up as much as 5.5% to $9.97 on Thursday after the company unveiled a blueprint which will focus on the company's Australian and New Zealand domestic business.

Australia's biggest steel maker, BlueScope Steel is planning a major statement at the end of the month to update the market about its outlook.

The recent spate of positive annual general meeting results continued today, with steel manufacturer BlueScope delivering results in line with expectations for the first four months of financial year 2008.

BlueScope Steel, Australia's largest steelmaker, had to battle the stronger dollar in the second half but still came up with a reasonable result in the year to June 2007.

Major steelmaker, BlueScope Steel, has revealed a new CEO to replace the retiring boss, Kirby Adams, who has guided the company since it was set free from BHP back in 2002.

Australia’s largest steelmaker, BlueScope Steel experienced a sharp recovery in first half earnings, but doesn’t expect that trend to continue in the second half of the current financial year.