at the very Core of it all … is Content!
BlueScope notes media speculation this morning that a decision has been taken that steelmaking at Port Kembla will close. No such decision has been made. We continually review ways to improve competitiveness and better serve our customers. The global steel sector is continuing to change and we must adapt with it. Our costs of manufacturing …
BlueScope has restarted the Sinter Plant at the Port Kembla Steelworks after obtaining necessary approvals from the NSW EPA. This will enable the production of iron and steel at the Steelworks to continue without interruption. The Sinter Plant will be operating under a temporary reconfiguration until the Waste Gas Cleaning Plant can be recommissioned, which …
North Star BlueScope Steel (NSBSS), jointly owned by BlueScope (50 per cent) and Cargill, Incorporated (50 per cent), has concluded a detailed scoping and development study for a potential direct reduction iron (DRI) plant at its Delta, Ohio, steelworks. The conclusion reached is that the forecast risk adjusted returns are not sufficiently attractive to justify …
BlueScope advises that the acquisition of the downstream long-products rolling and marketing operations of Fletcher Building’s Pacific Steel Group completed today. The transaction was completed on terms entered into and announced on 17 February 2014. Web: www.bluescope.com
BlueScope today announced it has agreed to acquire from Arrium Limited its OneSteel sheet and coil processing and distribution businesses in Sydney, Brisbane, Adelaide and Perth. BlueScope will pay inventory value at completion (as at 30 September this was $23.1 million) for the assets and assumed liabilities and expects to incur net integration costs of …
BlueScope Steel Limited (“BlueScope Steel”) today announced the intention of its wholly-owned subsidiaries BlueScope Steel (Finance) Limited and BlueScope Steel Finance (USA) LLC, to offer, subject to market and other conditions, US$300 million aggregate principal amount of Senior Unsecured Notes (the “Notes”). The Notes will only be offered to qualified institutional buyers in the United …
Chairman, Graham Kraehe, paid tribute to Mr McCann’s contribution during his service on the Board since the demerger of BlueScope from BHP Billiton in 2002. “Kevin McCann was a foundation Board member of BlueScope and has played an important role through a period of great change in the global steel industry when the Company has …