BlueScope today reported 1H FY2022 net profit after tax (NPAT) of $1.64 billion, a $1.31 billion increase over 1H FY2021.

Confirming the record financial result, Managing Director and CEO, Mark Vassella said, “Underlying EBIT for the half year was $2.20 billion, clearly the best half-year performance BlueScope has produced in its 20-year history as a listed company. 

BlueScope today announced that it has signed a Memorandum of Understanding (MoU) with Shell Energy Operations Pty Ltd (“Shell”) to work together to explore and develop renewable hydrogen projects at BlueScope’s Port Kembla Steelworks in the Illawarra region of New South Wales, Australia.

The collaboration encompasses two projects: a pilot renewable hydrogen electrolyser plant at the Steelworks and an Illawarra hydrogen hub concept 

BlueScope has today announced that it has entered into a binding agreement to buy the ferrous scrap steel recycling business of MetalX LLC, the leading supplier of scrap feed to our Ohio-based mini-mill business, North Star BlueScope Steel.

Today our Chief Executive Climate Change, Gretta Stephens, gave a keynote speech at the Impact X Summit 2021: Accelerating pathways to zero emissions. 

The central theme was the importance of collaboration and the critical role the steel sector will play in the transition to net zero.

BlueScope and Rio Tinto have joined forces to explore options for low-emissions steelmaking at Port Kembla Steelworks in New South Wales.  The two companies have signed a Memorandum of Understanding (MOU) to research and design low-emissions processes and technologies for the steel value chain across iron ore processing, iron and steelmaking and related technologies.

Today is the second day of BlueScope's investor briefing following the release of its Climate Action Report and Sustainability Reporting suite.

BlueScope has today released its FY2021 Annual Report to shareholders.  

Today BlueScope is hosting Day 1 of a two day investor briefing following the release of its Climate Action Report and Sustainability Reporting suite.

On 14 September, BlueScope published its FY2021 Sustainability Report, Tax Contribution Report, and Modern Slavery Statement. Together with the Climate Action Report, these Reports demonstrate the progress we are making on our sustainability journey.