Mid-Cap

Why buy bluescope steel ?

November 02, 2014 | Team Kalkine
Why buy bluescope steel ?

BlueScope Steel Limited is a flat steel producer for the Australia, New Zealand and the United States markets. The Company operates in six segments: Coated & Industrial Products Australia, which includes the Port Kembla Steelworks; Building Components & Distribution Australia, which contains a network of service centers and distribution sites; New Zealand Steel operation at Glenbrook, New Zealand, produces a range of flat steel products for both domestic and export markets; Global Building Solutions segment is a supplier of engineered building solutions to industrial and commercial markets; Building Products ASEAN and North America, which operates metallic coating and painting lines and LYSAGHT roll-forming facilities. In February 2014, Hills Ltd completed the sale of Fielders and Orrcon steel businesses to BlueScope. In June 2014, BlueScope Steel Ltd acquired downstream long-products rolling and marketing operations of Fletcher Building's Pacific Steel Group. To read the complete report Click Here.