Industry News

25% tariffs! Where next for the BlueScope share price?

Views : 58
Update time : 2025-02-25 16:43:00
The BlueScope Steel Limited (ASX: BSL) share price has had an excellent start to 2025, rising by 30%. The S&P/ASX 200 Index (ASX: XJO) has only gone up by 1% in the same time period, so it's been a great time to be a shareholder of the steel business.

About a month ago, I suggested that BlueScope could be one of Australia's biggest winners this year, and it has already been a great performer.

I'd understand if some shareholders decide to take the profits off the table because the rise appears to have been spurred by the US decision related to steel tariffs. But let's look at why the picture could become even better for the business.

Related News
Read More >>
Enhancing the durability of aluminium profiles with Alborz Pasargad’s nanostructured coatings Enhancing the durability of aluminium profiles with Alborz Pasargad’s nanostructured coatings
May .29.2025
Enhancing the durability of aluminium profiles with Alborz Pasargad’s nanostructured coatings
NASA’s supersonic aircraft clears ‘aluminium bird’ testing, setting up the runway for its first flight NASA’s supersonic aircraft clears ‘aluminium bird’ testing, setting up the runway for its first flight
May .29.2025
NASA’s supersonic aircraft clears ‘aluminium bird’ testing, setting up the runway for its first flight
GAC’s 2Mt bauxite pile-up in Guinea: What built it, what’s blocking it, and what could break the deadlock GAC’s 2Mt bauxite pile-up in Guinea: What built it, what’s blocking it, and what could break the deadlock
May .29.2025
GAC’s 2Mt bauxite pile-up in Guinea: What built it, what’s blocking it, and what could break the deadlock
Russia’s largest aluminium foil mill eyes 12% output growth following investment from RUSAL Russia’s largest aluminium foil mill eyes 12% output growth following investment from RUSAL
May .29.2025
Russia’s largest aluminium foil mill eyes 12% output growth following investment from RUSAL