Home 》 News    
  • BlueScope Steel will turn to loss

    Australia - 2009 July 18

    BlueScope Steel Ltd., Australia’s largest steelmaker, said it would turn to a loss this financial year because of a decline in demand for steel.

    The company will report a “small” loss after tax in the year ended June 30, according to a statement to the Australian stock exchange today. The loss in the second half will offset the profit it made in the first half, it said. The Melbourne- based company reported a profit of A$406.9 million ($325 million) in the fiscal first-half ended Dec. 30.

    BlueScope will also restart its No. 5 blast furnace at Port Kembla Steelworks in Australia’s New South Wales State because of a recent improvement in the Australian and global steel markets, the statement said.

    The company reported net income of A$596.2 million in the last financial year.

About Us  |  Product  |  News  |  Distribution  |  Feed Back  |  Contact
Copyright © Taida Steel Tube. All Rights Reserved.
Tel:0086-20-32057517  Fax:0086-20-32057515  E-mail: taida@taidasteel.com
粤ICP备06110911号-1    粤公网安备 44011202000687号  营业执照