Steel Mills
February 21, 2017
CEO Praises “Stunning” First Half for North Star Bluescope
Written by Sandy Williams
North Star Bluescope Steel reported underlying EBITDA in the first half of FY 2017 of $180.2 million, an increase of 178 percent from 1H FY 2016 . Sales revenue was US$ 598.7 million.
The mill operated at 100 percent capacity in the first half and benefited from lower conversion costs, particularly in utilities. Shipments for 1H FY 2017 totaled 1,016,500 tonnes and production was 1,061,700 tonnes.
