Is BlueScope Steel a good buy?

Is BlueScope Steel a good buy?

PE vs Industry: BSL is good value based on its PE Ratio (8.5x) compared to the Australian Metals and Mining industry average (11.8x). PE vs Market: BSL is good value based on its PE Ratio (8.5x) compared to the Australian market (18.7x).

What happened BlueScope Steel?

In February 2014, Bluescope Steel purchased Orrcon Steel from Hills Corporation. Its products included RHS, SHS and CHS structural tubular steel, hot-rolled structural steel and fencing, roofing and building accessories.

Does BlueScope Steel pay dividends?

Dividends Reinvestment Plan The BlueScope Steel Limited Dividend Reinvestment Plan (DRP) is available to shareholders with a registered address in Australia or New Zealand. To continue, please select the country you are registered in.

What does BlueScope Steel make?

Leading manufacturer and marketer of branded products We specialise in flat steel products, including slab, hot rolled coil, cold rolled coil, plate and value-added metallic coated and painted steel solutions. Our key focus is on higher value, branded products for the building and construction industry.

Where is Truecore steel made?

TRUECORE® steel is made by BlueScope, the manufacturers of COLORBOND® steel. TRUECORE® steel is made to all relevant Australian standards and tested for quality and consistency.

What is BlueScope Steel used for?

The Lysaght business rollforms and supplies a range of products, including roof and wall cladding, steel house framing, rainwater products, fencing, structural products such as purlins and flooring systems, meshes and walkways, and home improvement products.

Does Australia have steel mills?

With two steel producers, and over 300 steel distribution outlets throughout the country and numerous fabrication, manufacturing and engineering companies, the Australian steel industry generates $29 billion in annual revenue and is an essential part of the Australian economy.

Are steel house frames noisy?

Steel frames are noisy – popping, creaking and groaning as the temperature changes. Studies conducted by the CSIRO found that “most occupants of homes with steel frames either reported no sound emitted from the frame or said that, if it did, it was no problem”.

Who does the Truecore steel ad?

Tom Williams
Tom Williams Brand Ambassador for TRUECORE® steel.

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