Steel & Scrap

Moves to decarbonise and use cleaner energy across the globe should galvanise Sims as a high-grade processor of scrap

Not all are convinced of Andrew Forrest’s ambitious plan to make Fortescue a green hydrogen and green steel giant

As BlueScope Steel revises guidance higher, once again, assessments of where peak earnings lie are becoming even more critical to the outlook

Rising scrap prices and a sharp increase in volumes have allowed Sims to deliver FY21 earnings guidance way ahead of expectations

Sales from the mills of BlueScope Steel are going gangbusters, auguring well for the outlook over FY21. Are there any clouds on the horizon?

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. The media suggests private equity has its eye on BlueScope Steel, but Citi, for one, questions why?

Concerns surrounding disruptions to BlueScope Steel’s business are ebbing, encouraged by first half earnings guidance that is well ahead of prior forecasts.

FNArena’s weekly update on short positions in the Australian share market

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. BlueScope Steel stands out as a tactical buy for several brokers as global demand for steel recovers.

BlueScope Steel opted for a conservative outlook when delivering flat guidance for the second half. While the market was disappointed, brokers point out the balance sheet is robust and capital returns are ongoing.