Just days after its AGM, BlueScope has gone out fundraising — despite getting access to hundreds of millions in taxpayer assistance.
Steel industry
The BlueScope way: it’s the share price, stupid
BlueScope Steel’s generous executive remuneration are the legacy of a management approach based on a share price strategy, but a business strategy.
Your Say: Daily Mail readers' feedback: Strange times indeed in Oz politics
Crikey readers have their say.
I’m not a protectionist, but … more help for the steel industry
The government has rushed out another steel industry package, but at least it hasn’t succumb to the protectionist impulses within Labor ranks.
How OneSteel stole the march on BlueScope
The contrast between the business strategies of the noisy, very political BlueScope and its smaller, quieter and better-run rival, OneSteel (the other half of the old BHP Steel), are illuminating.
Regurgitating rubbish facts on carbon price effects
It isn’t just dodgy industry claims about the carbon price that circulate through the media.
Steel trading has resonance with a Howard-era scandal
The Government should learn from its predecessor and call in the ANAO to review the handling of its steel package.
Steel industry nabs $60,000 of taxpayer money per job
Under the cover of the carbon pricing scheme, Labor has reverted to old-fashioned protectionism with massive handouts to the steel industry.
Business As Usual: Lehman guilty fingered, News to unload mobile content business
The finger of fate is pointing at those responsible for the collapase of Lehman’s, the bottom has fallen out of the US tomato industry, which in turn is having a disastrous effect on the fast-food business and other business news of the day.
China’s iron ore import boom rolls on
The context for the deepening brawl between China, Rio Tinto and Australia, has been illustrated with news that China’s iron ore import boom shows no signs of easing.
Chinese treading a fine line on Rio
The Chinese Government is risking rejection or modification of its ambitious bid to grab control of Rio Tinto by quibbling over ore prices.
Chinese ore glut bad news for Canberra
There are signs of growing Chinese Government unease at an oversupply situation developing in the politically and economically sensitive steel sector.
BlueScope steels itself for a capital crunch
Australia’s biggest steelmaker has surprised the market with a massive $2 billion plus fund raising.
Steelmakers brace for inferno ahead
The Australian and world steel industries are struggling as demand continues to weaken.
