Jefferies Updates BlueScope Forecast, Maintains ‘Buy’ Rating

Wed 26 Mar 25, 12:15 AM | Team Kalkine

Image source: Shutterstock

Highlights

Jefferies maintains ‘Buy’ rating on BlueScope Steel with a price target of AU$30.

Improved U.S. steel spreads drive earnings potential, with spot spreads at $545 per ton.

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