BlueScope profit down 64% after bumper 2022
Glenbrook plant owner's result was still the third best in the company's history, and shareholders liked the dividend and buyback.
The company owns the Glenbrook NZ plant.
Softer prices and volatile global economics have hit profits at Australian steelmaker BlueScope Steel, with the full year net result falling 64% on last year’s record.
ASX-listed BlueScope today reported a net profit of A$1.01 billion for the 12 months to June 30, down from A$2.81b last year.
The
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