trending Market Intelligence /marketintelligence/en/news-insights/trending/xWGWn9w4V26-X0_-XXYm4g2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

BlueScope Steel expects to beat fiscal H2'16 EBIT guidance

Industry Top Trends 2021: Metals and Mining

Greenhouse gas and gold mines Nearly 1 ton of CO2 emitted per ounce of gold produced in 2019

Essential Metals & Mining Insights - September 2020

Essential Metals & Mining Insights - August 2020

BlueScope Steel expects to beat fiscal H2'16 EBIT guidance

BlueScopeSteel Ltd. expects its preliminary unaudited underlying earningsbefore interest and tax for the fiscal year ended June 30 to be about A$570million.

The underlying EBIT in the second half of the year isexpected to be about A$340 million, compared to the revised of about A$270 million, on theback of higher margins across the company's international businesses, and theturnaround in Asian region steel prices.

Preliminary unaudited net debt at June 30 is expected to beabout A$780 million, the company said July 14, adding that the reduction ofabout A$593 million from Dec. 31, 2015, was primarily driven by strongoperating cash flow.

Full-year results for BlueScope will be released Aug. 22, itsaid.