Japan-based Nippon Steel & Sumitomo Metal Corp. (NSSMC) has announced that NS BlueScope Coated Products, its coated products joint venture with Australia-based steel producer BlueScope Steel Limited, has been launched. BlueScope stated ...
Tags: NSSMC, Bluescope, BlueScope Coated Products
Over the past two weeks, glass manufacturing workers at CSR Viridian’s plants in Sydney and Melbourne have spoken to World S ocialist W eb S ite correspondents about the closure and merger of facilities that will cost more than 200 ...
Tags: CSR glass, glass, glass industry
At least 150 workers at CSR’s Viridian glass-making factories in western Sydney confront the closure of their plants and the destruction of their jobs, in the latest of the swathe of job cuts sweeping through the manufacturing sector ...
Tags: glass workers, glass, glass making factories
The new Xi’an, China-based building materials production plant of Australia’s biggest steelmaker BlueScope Steel will commence production operations in July of the current year, as reported by local media sources in Xi’an. ...
Tags: BlueScope Steel, steelmaker, BlueScope
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 ...
Tags: steelmaker, Bluescope, Steel
The Australian sharemarket rose to a fresh four-and-a-half year high today as positive domestic earnings reports and further signs of improvement in the global economy encouraged investors to continue moving money from cash and bonds to ...
Tags: Australian sharemarket, earnings, equities
Australian steelmaker BlueScope Steel has posted a net loss of AU$12 million in the first six months ended December 31 of the financial year 2012-13, down from a net loss of AU$530 million in the first half of the previous financial year ...
Tags: steelmaker, crude steel, steel
But passing the half-way mark of this interim profit season, we now have proof that his real error was putting a super-profits tax on the wrong industry. While profits were sliding at Rio Tinto, OZ Minerals and Wesfarmers' coal division, ...
Tags: Stocks, investment, Australia
Cost cutting is tipped to continue to be the focus of Australian companies when they release earnings results next month with investors looking for a more disciplined approach to growth plans after recent job losses and writedowns. ...
Reportedly, BlueScope Steel planned to cut its steel production capacity including output of cold rolled, metallic coated and painted sheet at its Western Port works plant. The company said that its coated steel production is likely ...
The Australian market closed higher after a day of consolidation with gains across most of the board. At the close today the benchmark S&P/ASX200 index was up 10.2 points, or 0.22 per cent at 4719.7, while the broader All Ordinaries index ...
Tags: Australian market, gains, consolidation
Bluescope Steel Malaysia, foresees the steel industry in 2013 to be buoyed by domestic demand in 2013, with the construction sector expected to grow by 11.2 per cent as announced in the recent budget. BlueScope Steel Malaysia comprising ...
Tags: Bluescope Steel, steel industry, domestic demand, 2013
BlueScope Steel Limited advises that it has completed its 1 for 6 share consolidation. The consolidation involved the conversion of every six fully paid ordinary shares into one fully paid ordinary share. It was approved by a resolution of ...
Tags: BlueScope Steel, steel, share consolidation, resolution
Steel Orbis reported that the Australian Customs and Border Protection Service has announced that it has decided to apply an antidumping duty for hot rolled coil imports from Japan, South Korea, Malaysia and Taiwan. The Customs and Border ...
Tags: antidumping duty, Australian Customs and Border Protection Service
BlueScope and Nippon Steel Corporation have agreed to form a new joint venture encompassing BlueScope's ASEAN and North American building products businesses. Nippon Steel Corporation (NSC) of Japan will be the world's second largest ...
Tags: BlueScope, Nippon Steel Corporation, joint venture, construction