HomeGeneral NewsRising electricity costs hit BlueScope Steel's profit

Rising electricity costs hit BlueScope Steel’s profit

August 19, 2024

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August 19, 2024 10:10 | News

Big emitter BlueScope Steel has warned of tough conditions as it absorbs higher electricity costs and stalling demand from China’s electric car giants.

The steel producer on Monday reported a net profit of $805.7 million for the year to June 30, down from $1…

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