BlueScope Steel lifts earnings guidance by 40 per cent

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Australia's biggest steel maker, BlueScope, today sharply upgraded its profit outlook this financial year with a rapid improvement in its US operations.

Australia’s biggest steel maker, BlueScope, today sharply upgraded its profit outlook this financial year with a rapid improvement in its US operations.

BlueScope says second half-year profit will rise by at least 40 per cent to between $700 and $770 million after it finished a $1 billion expansion of its North Star US operations in Ohio.

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