News Snapshot:
“People still have their job and are being paid well”. BlueScope’s best known product is ColorBond steel, using in roofing, while its products are also used in steel frames for houses and industrial construction. The group’s star performer of the past few years, the North Star mill in Ohio in the United States which makes steel for white goods manufacturers, the automotive industry and the agricultural sector, suffered a 70 per cent slide in earnings before interest and tax to $202 million. The Australian steel business had a 55 per cent fall in earnings before interest and tax to $274...
