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

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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 delivers record underlying EBIT of $2.20Bn

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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

Day 2 BlueScope investor briefing

Investor Day 2

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

Performance Sustainability

Day 1 BlueScope investor briefing

Investor Day

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

Performance Sustainability

BlueScope Sustainability Report FY2021

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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. 

People Environment Community Innovation Performance Customer Sustainability

Record underlying EBIT of $1.72Bn; net zero climate change goal; strong outlook

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BlueScope today reported FY2021 net profit after tax (NPAT) of $1.19 billion, a $1.10 billion increase over FY2020.

Confirming a record performance, Managing Director and CEO, Mark Vassella said, “Underlying EBIT for the year was $1.72 billion, tripling that of FY2020. This is an impressive result. All operating segments performed exceptionally well – driven by strong demand and steel spreads. Earnings momentum built throughout the year, with the Company delivering $1.19 billion in underlying EBIT in the second half."

Performance

Australian made for 100 years

Lysaght 100

2021 marks 100 years since BlueScope’s Lysaght business commenced manufacturing in Australia. 

People Performance Customer