BlueScope Posts Record Profits, North Star Benefits from Ballooning Spreads
BlueScope Steel Ltd. posted record earnings in its 2021 fiscal year thanks to strong demand and record metal spreads. All told, the Australian steelmaker – the parent company of Delta, Ohio-based North Star BlueScope – recorded net profit of Australian $1.19 billion ($870 million U.S.) in its fiscal year ended June 30, 2021, up more […] The post BlueScope Posts Record Profits, North Star Benefits from Ballooning Spreads appeared first on Steel Market Update.