NZ Steel, iron sands mines on notice as Bluescope reviews steelmaking in NZ

Mon, 24 Aug 2015

By Pattrick Smellie Aug. 24 (BusinessDesk) - Australian steel products group Bluescope is to review its steelmaking operations in both Australia and New Zealand, saying it needs "game-changing" savings in operating costs or it may stop making making hot rolled coil and billets and import it instead. "The company is also reviewing the ongoing viability of steelmaking in Australia and New Zealand and comparing the existing business model with an alternative business model of importing quality hot rolled coil and billet substrate," Bluescope...

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