NZ Steel says review seeks sustainable business

Tue, 21 Jul 2020

Halting production at Glenbrook is not the goal of a strategic review of New Zealand Steel, the company says. The review, announced by parent company BlueScope Steel on Friday, aims to reshape the business for the future, NZ Steel chief executive Gretta Stephens said. “Whilst the scope of the review is wide ranging, the focus is on sustainable steel making in NZ,” she said. “Our priority is to weather this downturn and emerge a stronger and more resilient business to continue to serve the NZ and Pacific Island markets for decades to...

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