HomeGeneral NewsSGH, Steel Dynamics bid $10.6B for BlueScope in 'best and final' offer

SGH, Steel Dynamics bid $10.6B for BlueScope in ‘best and final’ offer

February 18, 2026

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Media billionaire Kerry Stokes-owned SGH Ltd and US-based Steel Dynamics raised their takeover offer for BlueScope Steel to A$15 billion ($10.62 billion), in a “best and final” bid to buy the Australian steelmaker.

SGH and Steel Dynamics on Wednesday said they will…

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