BlueScope News

What's happening around our business

Here you'll see how our people are supporting customers, communities and each other.

Our financial news can be found under Investor News

BlueScope to acquire Coil Coatings business to establish significant painting footprint in Eastern US

Slide 11 Image

BlueScope today announced that it has entered into a binding agreement to acquire the Coil Coatings business from Cornerstone Building Brands, Inc (NYSE:CNR) for US$500 million, subject to customary adjustments. Coil Coatings is the second largest metal painter in the US, with a total capacity of around 900,000 tonnes per annum across seven facilities, predominantly serving commercial and industrial construction applications.

Performance

BlueScope supports Australian flood relief and recovery

Floods

We have all seen the massive destruction and upheaval caused by the devastating floods in Queensland and New South Wales over the last couple of weeks.  Our thoughts are with all those – including BlueScope employees – who have been hit by this disaster.

Community

BlueScope welcomes NSW $250M Renewable Manufacturing Fund

2019 Finley Solar Farm — Panel Close Up

BlueScope welcomes the announcement by the NSW Government of its $250 million Renewable Manufacturing Fund and its commitment to create opportunities for local industry in this and other sectors.

Community Customer Sustainability

​BlueScope delivers record underlying EBIT of $2.20Bn

BlueScope logo

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. 

Performance Sustainability