Australia's Bluescope slips to nearly 2-month low on weak FY results

BLUESCOPE STEEL

18/08/2025 01:54

** Bluescope BSL.AX slips as much as 7% to A$22.55, lowest since June 26

** Stock marks biggest intraday pct loss since April 7

** Steel producer's FY NPAT plunges 90% y/y

** Coated products business in North American division logs loss, hurt by lower volumes, operational woes, impairment charge

** BSL last down 2.4%, trimming YTD gains to 26.6%

 (Reporting by Shruti Agarwal in Bengaluru)

 ((Shruti.Agarwal@thomsonreuters.com))