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AAP
AAP
Business
Marion Rae

HISTORICAL FACTS: Bluescope posts 1b profit slide warns on safeguard | History Defined

BlueScope says it is pursuing decarbonisation initiatives, including new steelmaking technologies. (Dean Lewins/AAP PHOTOS) (AAP)

Steelmaker BlueScope has reported a more than $1 billion fall in first-half net profit as economic conditions depress steel prices.

BlueScope on Monday posted a first-half net profit after tax of $599 million, a $1.045 billion decrease on a year earlier.

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