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BlueScope finds another earnings lift as US steel spreads strengthen

8:29am on Monday 26th of October, 2026 AEDT • Steel manufacturing
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BlueScope finds another earnings lift as US steel spreads strengthen

8:29am on Monday 26th of October, 2026 AEDT
Key Points
  • 1H FY2027 underlying EBIT upgraded to approaching $1.1 billion
  • North America expected to deliver around two-thirds more than 2H FY2026
  • Australian Steel Products earnings expected to approach double 2H FY2026
  • Stronger US steel spreads and resilient domestic demand drive the upgrade
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