header nav1

News

Friday April 19, 2024

Loading Icon
Aussie Steel Maker Nearly Doubles Profit Despite COVID
Business
Monday February 22 2021

Aussie Steel Maker Nearly Doubles Profit Despite COVID

One of Australia’s largest manufactures of steel products has defied a COVID economic slowdown to almost double its profits.

BlueScope warns of Coronavirus Hit
Business
Monday February 24 2020

BlueScope warns of Coronavirus Hit

BlueScope Steel has reported a 70 per cent plunge in first-half net profit after falls in steel prices and warns the coronavirus outbreak will "heavily impact"...

Criminal charges for ex-BlueScope manager
Business
Wednesday October 9 2019

Criminal charges for ex-BlueScope manager

BlueScope Steel's former sales and marketing manager has been charged over allegations he tried to obstruct the competition watchdog's investigation into the steelmaker's alleged cartel conduct.

BlueScope engaged in cartel conduct: ACCC
Business
Friday August 30 2019

BlueScope engaged in cartel conduct: ACCC

The competition watchdog has started civil proceedings against BlueScope Steel for alleged cartel conduct to manipulate the price of flat steel products.

BlueScope confirms $1b US mill expansion
Business
Tuesday August 20 2019

BlueScope confirms $1b US mill expansion

BlueScope Steel is pressing ahead with the $1 billion expansion of its North Star steel mill in the US, a move that would increase capacity by...

What Can Be Done to Revive Australia’s Steel Industry?
Business
Monday March 21 2016

What Can Be Done to Revive Australia’s Steel Industry?

As prices tumble and job cuts mount, the turmoil which has engulfed the steel industry in Australia is plain for all to see.

BlueScope Cuts 500 Jobs, May Close Australian Production
Business
Tuesday August 25 2015

BlueScope Cuts 500 Jobs, May Close Australian Production

The future of BlueScope Steel's Port Kembla plant is "on a knife edge" after the steelmaker said it will cut at least 500 jobs to reduce...

More Clouds Gather over Steel Manufacturing Future
Business
Monday July 13 2015

More Clouds Gather over Steel Manufacturing Future

Further clouds are gathering over the future of steel manufacturing in Australia as calls for BlueScope to close the nation's biggest steelworks plant continue to grow.

BlueScope Under Fire For Executive Pay Despite Turnaround
Business
Friday November 14 2014

BlueScope Under Fire For Executive Pay Despite Turnaround

BlueScope Steel's chairman Graham Kraehe has been grilled over executive pay despite insisting the company is on the path back to paying dividends.