Trade Resources Economy The Australian Steelmaker Bluescope Steel Posted a Net Loss in H1 of Fiscal Year 2012/13

The Australian Steelmaker Bluescope Steel Posted a Net Loss in H1 of Fiscal Year 2012/13

The Australian steelmaker Bluescope Steel posted a net loss of AUD12 million in the first half of fiscal year 2012/13 ended on December 31st, in comparison of a net loss of AUD530 million in the same period of a year ago.

In the first half of fiscal year 2012/13, the company realized sales revenues of AUD3.7 billion, falling by 17% year on year.

In the given period of time, Bluescope Steel produced 2.15 million tons of crude steel, decreasing by 19% in comparison of the figures in the same period of a year ago.

Source: http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=63095&division=A6
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Australian Bluescope Posts Net Loss of AUD 12 Million for H1 of FY2012/13
Topics: Metallurgy