BlueScope Steel Raises First-Half Earnings Guidance
BlueScope Steel raised its first-half underlying EBIT outlook, citing stronger-than-anticipated U.S. steel spreads.
By Rhiannon HoyleBlueScope Steel upgraded its guidance for first-half underlying earnings before interest and taxes, citing stronger-than-anticipated U.S. steel spreads.The Australia-based steelmaker said Monday that it now expects underlying EBIT to approach 1.1 billion Australian dollars, equival…