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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.
The new state-of-the-art plasma beamline cutting steel tube and beams

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.
The new state-of-the-art plasma beamline cutting steel tube and beams

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. 

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 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. 
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