BlueScope North Star steel spread up 1% week-on-week to US$848/mt
Jefferies said BlueScope’s North Star steel plant spot spread rose 1% week-on-week to US$848/metric ton. It also said the spread gained 16% over the past three months.
Jefferies says U.S. steel spreads are continuing to strengthen for BlueScope Steel. It puts the spot spread for BlueScope’s North Star steel plant at US$848/metric ton, up 1% week-on-week. Jefferies also says the spread has risen 16% over the past three months.
BlueScope had guided to a US$750/ton spread in…