ASX:BSL 3 May 2026 - 9 June 2026

BlueScope Steel (ASX:BSL) holds above revised bid as ASX open approaches

BlueScope Steel (ASX:BSL) holds above revised bid as ASX open approaches

ASX cash trading had yet to start at 07:02 AEST, with standard Sydney hours from 9:59 a.m. to 4:00 p.m. Monday through Friday. BlueScope Steel Limited last changed hands at A$33.46—right around the level that stalled the last takeover. Any fresh move will likely have to grapple with price, not just topping up a premium. The clean number here is the spread to the old offer. SGH Limited and Steel Dynamics Inc. updated their bid to A$34.00 a share. But BlueScope said the A$1.65 in declared dividends brings that down to A$32.35, warning that if more distributions are announced the board would put the assessed scheme price at A$31.00.
June 28, 2026
BlueScope Steel Stock Trades Near Highs as ASX Watches Steel Tariff Dispute

BlueScope Steel Stock Trades Near Highs as ASX Watches Steel Tariff Dispute

BlueScope Steel traded just below its 2026 peak ahead of the ASX open on Wednesday. Investors are watching a fresh Australian trade duty dispute involving BlueScope’s Orrcon Manufacturing, which has faced resistance from renewable-energy project developers. The stock last traded at A$33.19, off its 2026 high of A$33.635, but still up 4.63% over the past week, market data showed. The rest of the market didn't fare as well. The S&P/ASX 200 ended Tuesday down 0.24%, with gold, metals and mining, and materials all losing ground.
June 9, 2026
BlueScope Steel Limited’s $30 Question Deepens as Australia Opens New Dumping Probe

BlueScope Steel Limited’s $30 Question Deepens as Australia Opens New Dumping Probe

The Anti-Dumping Commission in Australia has launched a probe into possible dumping of galvanised steel imports from South Korea and Vietnam, acting on a complaint from BlueScope Steel Limited. The investigation targets zinc-coated steel, used widely to prevent rust in building and manufacturing. The move places renewed scrutiny on the nation’s leading steel producer. The timing is key here, as the case has shifted from just a complaint to an official investigation. Anti-dumping duties—tariffs that may be slapped on if imports are undercutting local prices and harming domestic producers—are now on the table. The commission noted that a first, preliminary ruling won’t land until at least day 60, and its final recommendation is expected by Oct. 2.
May 3, 2026