BlueScope Steel Ltd

BSL: XASX (AUS)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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BlueScope Earnings: Northstar Spreads Outshine Weaker Australian Results

Esther Holloway

Feb 16, 2026

BlueScope's first-half fiscal 2026 underlying EBIT of AUD 558 million more than doubled from last year, mostly due to higher spreads in its US minimill, Northstar. Shares are trading close to the recently offered, and vehemently rejected, takeover price of AUD 30 per share.

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BlueScope Steel Ltd

BlueScope Earnings: Northstar Spreads Outshine Weaker Australian Results

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