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Why Did BlueScope Steel Take a $439M Hit Despite Strong Balance Sheet?
8:18am on Monday 18th of August, 2025 AEST
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Why Did BlueScope Steel Take a $439M Hit Despite Strong Balance Sheet?
8:18am on Monday 18th of August, 2025 AEST
Key Points
4% decline in sales revenue to $16.25 billion
45% drop in underlying EBIT to $738 million
$439 million impairment of BlueScope Coated Products business
Maintained net debt of $28 million and $2.8 billion liquidity
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Bluescope Steel (ASX:BSL)
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