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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.

NZ Steel partners with gov’t in $300m decarbonisation plan

New Zealand Steel is set to build a new $300 million (AUD 283 million) Electric Arc Furnace at its steelworks at Glenbrook within the next three years as part of the move to lower the country’s greenhouse gas emissions.

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 appoints Mark Vassella as new CEO

BlueScope has announced the appointment of Mark Vassella as new Managing Director & CEO, effective 1 January 2018. Mr Vassella, who will succeed the retiring...
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