BlueScope Steel full-year profit tumbles 90% on North America impairment

(Reuters) -Australia’s Bluescope Steel reported a 90% decrease in full -year snow on Monday due to weak performance in North American operations in North American operations.

The company’s North American section of the coated product work, lower volumes and operational problems and a fee of a value of $ 438.9 million in the 2025 financial year, which was affected by a loss.

The main gains of the North American Department decreased by 45%, and the North Star and buildings and coated products were weighed with weak performance in North American operations.

The company made a net profit after $ 83.8 million ($ 54.6 million) for the financial year of 2025 and significantly lower than $ 805.7 million reported in the 2024 financial year.

Basically, the company’s profit fell to $ 420.8 million with a decrease of 51%, and price prints fell with lower volumes and higher costs.

Bluescope declared the final dividend of 30 Australian syllables per share in accordance with last year.

(1 $ = 1.5361 Australian dollars)

(Reporting by John Biju in Bengaluru;