Lithium
45.57
0.6%
Gold
2,672.20
0.7%
Copper
4.11
(1.1%)
Oil
70.10
1.54%
Bitcoin
97,982.18
3.85%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,870.35
0.76%
Iron Ore
102.15
1.11%
USD/AUD
0.65
0.06%
Hang Seng
19,601.11
(0.23%)
Lithium
45.57
0.6%
Gold
2,672.20
0.7%
Copper
4.11
(1.1%)
Oil
70.10
1.54%
Bitcoin
97,982.18
3.85%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,870.35
0.76%
Iron Ore
102.15
1.11%
USD/AUD
0.65
0.06%
Hang Seng
19,601.11
(0.23%)
Lithium
45.57
0.6%
Gold
2,672.20
0.7%
Copper
4.11
(1.1%)
Oil
70.10
1.54%
Bitcoin
97,982.18
3.85%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,870.35
0.76%
Iron Ore
102.15
1.11%
USD/AUD
0.65
0.06%
Hang Seng
19,601.11
(0.23%)
Lithium
45.57
0.6%
Gold
2,672.20
0.7%
Copper
4.11
(1.1%)
Oil
70.10
1.54%
Bitcoin
97,982.18
3.85%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,870.35
0.76%
Iron Ore
102.15
1.11%
USD/AUD
0.65
0.06%
Hang Seng
19,601.11
(0.23%)
Lithium
45.57
0.6%
Gold
2,672.20
0.7%
Copper
4.11
(1.1%)
Oil
70.10
1.54%
Bitcoin
97,982.18
3.85%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,870.35
0.76%
Iron Ore
102.15
1.11%
USD/AUD
0.65
0.06%
Hang Seng
19,601.11
(0.23%)
Lithium
45.57
0.6%
Gold
2,672.20
0.7%
Copper
4.11
(1.1%)
Oil
70.10
1.54%
Bitcoin
97,982.18
3.85%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,870.35
0.76%
Iron Ore
102.15
1.11%
USD/AUD
0.65
0.06%
Hang Seng
19,601.11
(0.23%)
Lithium
45.57
0.6%
Gold
2,672.20
0.7%
Copper
4.11
(1.1%)
Oil
70.10
1.54%
Bitcoin
97,982.18
3.85%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,870.35
0.76%
Iron Ore
102.15
1.11%
USD/AUD
0.65
0.06%
Hang Seng
19,601.11
(0.23%)
Lithium
45.57
0.6%
Gold
2,672.20
0.7%
Copper
4.11
(1.1%)
Oil
70.10
1.54%
Bitcoin
97,982.18
3.85%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,870.35
0.76%
Iron Ore
102.15
1.11%
USD/AUD
0.65
0.06%
Hang Seng
19,601.11
(0.23%)
Lithium
45.57
0.6%
Gold
2,672.20
0.7%
Copper
4.11
(1.1%)
Oil
70.10
1.54%
Bitcoin
97,982.18
3.85%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,870.35
0.76%
Iron Ore
102.15
1.11%
USD/AUD
0.65
0.06%
Hang Seng
19,601.11
(0.23%)
Lithium
45.57
0.6%
Gold
2,672.20
0.7%
Copper
4.11
(1.1%)
Oil
70.10
1.54%
Bitcoin
97,982.18
3.85%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,870.35
0.76%
Iron Ore
102.15
1.11%
USD/AUD
0.65
0.06%
Hang Seng
19,601.11
(0.23%)
Lithium
45.57
0.6%
Gold
2,672.20
0.7%
Copper
4.11
(1.1%)
Oil
70.10
1.54%
Bitcoin
97,982.18
3.85%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,870.35
0.76%
Iron Ore
102.15
1.11%
USD/AUD
0.65
0.06%
Hang Seng
19,601.11
(0.23%)
Lithium
45.57
0.6%
Gold
2,672.20
0.7%
Copper
4.11
(1.1%)
Oil
70.10
1.54%
Bitcoin
97,982.18
3.85%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,870.35
0.76%
Iron Ore
102.15
1.11%
USD/AUD
0.65
0.06%
Hang Seng
19,601.11
(0.23%)
Lithium
45.57
0.6%
Gold
2,672.20
0.7%
Copper
4.11
(1.1%)
Oil
70.10
1.54%
Bitcoin
97,982.18
3.85%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,870.35
0.76%
Iron Ore
102.15
1.11%
USD/AUD
0.65
0.06%
Hang Seng
19,601.11
(0.23%)
Lithium
45.57
0.6%
Gold
2,672.20
0.7%
Copper
4.11
(1.1%)
Oil
70.10
1.54%
Bitcoin
97,982.18
3.85%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,870.35
0.76%
Iron Ore
102.15
1.11%
USD/AUD
0.65
0.06%
Hang Seng
19,601.11
(0.23%)
Lithium
45.57
0.6%
Gold
2,672.20
0.7%
Copper
4.11
(1.1%)
Oil
70.10
1.54%
Bitcoin
97,982.18
3.85%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,870.35
0.76%
Iron Ore
102.15
1.11%
USD/AUD
0.65
0.06%
Hang Seng
19,601.11
(0.23%)
Lithium
45.57
0.6%
Gold
2,672.20
0.7%
Copper
4.11
(1.1%)
Oil
70.10
1.54%
Bitcoin
97,982.18
3.85%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,870.35
0.76%
Iron Ore
102.15
1.11%
USD/AUD
0.65
0.06%
Hang Seng
19,601.11
(0.23%)
Lithium
45.57
0.6%
Gold
2,672.20
0.7%
Copper
4.11
(1.1%)
Oil
70.10
1.54%
Bitcoin
97,982.18
3.85%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,870.35
0.76%
Iron Ore
102.15
1.11%
USD/AUD
0.65
0.06%
Hang Seng
19,601.11
(0.23%)
Lithium
45.57
0.6%
Gold
2,672.20
0.7%
Copper
4.11
(1.1%)
Oil
70.10
1.54%
Bitcoin
97,982.18
3.85%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,870.35
0.76%
Iron Ore
102.15
1.11%
USD/AUD
0.65
0.06%
Hang Seng
19,601.11
(0.23%)
Lithium
45.57
0.6%
Gold
2,672.20
0.7%
Copper
4.11
(1.1%)
Oil
70.10
1.54%
Bitcoin
97,982.18
3.85%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,870.35
0.76%
Iron Ore
102.15
1.11%
USD/AUD
0.65
0.06%
Hang Seng
19,601.11
(0.23%)
Lithium
45.57
0.6%
Gold
2,672.20
0.7%
Copper
4.11
(1.1%)
Oil
70.10
1.54%
Bitcoin
97,982.18
3.85%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,870.35
0.76%
Iron Ore
102.15
1.11%
USD/AUD
0.65
0.06%
Hang Seng
19,601.11
(0.23%)
BlueScope Steel (ASX: $BSL) revises earnings guidance for 1H FY2025
- Author: Stock Piper
BlueScope Steel updates earnings outlook
BlueScope Steel (ASX:BSL) has revised its earnings guidance for the first half of fiscal year 2025. The company now expects underlying EBIT to range from $270 million to $310 million, down from the prior $350 million to $420 million guidance. This change is due to challenges in global markets and internal factors.
BlueScope Steel's strategic response to market challenges
BlueScope Steel has adjusted its earnings guidance for 1H FY2025 amid global market challenges and regional performance issues. The company anticipates lower EBIT due to factors such as softer East Asian steel spreads and cost inflation. Despite these pressures, BlueScope is pursuing cost and productivity initiatives aimed at enhancing annualized earnings by approximately $200 million. The company's diversified business model and strong balance sheet provide resilience against current economic challenges. Upcoming discussions at the 2024 AGM will offer more insights into operating conditions.
Executive commentary on revised guidance
The global steel industry is experiencing challenging operating conditions, particularly with persistent softness in East Asian steel spreads due to high levels of Chinese steel exports. BlueScope is also facing ongoing cost inflation and uncertainty in the U.S. market ahead of elections, which affects customer orders and business forecasting.
BLUESCOPE STEEL LIMITED
BSL | ASX | Materials
21.120(+0%)
At close (AEDT)
Market cap
$
Volume
0
DY Yield
PE Ratio
52 Week Range
-
1YR Return
N / A
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