BlueScope executes ‘best defence’ against takeover threat with profit surge
BlueScope Steel said it has executed a “best defence” against takeover interest from Steel Dynamics and SGH. The company reported full-year profits of $802 million, up 872%, citing strong US steel margins. BlueScope plans to return $3 per share, over $1.3 billion, to shareholders in 2027 via dividends and on-market buybacks, according to the company.




