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.
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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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