Tag: BlueScope
BlueScope sees net profit falls in FY2023; announces Port Kembla furnace relining and upgrade
BlueScope has made a $1.15 billion investment in the relining and upgrade of the No.6 Blast Furnace (6BF) Port Kembla Steelworks and announced a dip in profit in fiscal year 2023.
BlueScope to invest $415m for metal-coating capacity expansion
BlueScope Steel announced that its board has approved a $415 million expansion of its metal-coating capacity in western Sydney.
BlueScope updates external reporting segments to streamline North America operations
BlueScope is set to make modifications to its external reporting segments to consolidate and simplify the reporting of its North American operations, following its recent acquisitions in the United States.
BlueScope upgrades profit forecast for 2H 2023 following US steel mill’s profit jump
Australian steelmaker BlueScope Steel has increased its earnings guidance for the second half of fiscal year 2023 to be in the range of $700 million to $770 million.
Women forge new paths in steel manufacturing industry, says ASI
Australian Steel Institute (ASI) chief executive Mark Cain said 50 per cent of the institute’s staff are comprised of women who are increasingly turning to non-traditional pathways such as steel manufacturing.
BlueScope Distribution launches new aluminium routing machine
BlueScope Distribution Melbourne has completed the installation of its new CNC flatbed aluminium routing machine, which will enable the processing of products for customers across a wide range of manufacturing industries.
BlueScope announces $851m EBIT for FY2023’s first half
ASX-listed steelmaker BlueScope has posted an underlying EBIT of $851 million and a net profit after tax (NPAT) of $599 million for the first half of fiscal year 2023.
BlueScope confirms earnings guidance for FY2023 1H
Australian steel manufacturer BlueScope’s underlying earnings before interest and tax for the first half of fiscal year 2023 is expected to range between $800 million to $900 million.
BlueScope posts $2.81 billion after-tax revenue for FY 2022
Steel manufacturing giant BlueScope has reported a $2.81 billion net profit after tax for fiscal year 2022, a 135 per cent or $1.62 billion...
Green hydrogen company Hysata closes $43 million Series A
Hydrogen electrolyser technology developer Hysata has closed a $42.5 million Series A funding round led by Virescent Ventures on behalf of the Clean Energy...
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