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    SGH, Steel Dynamics raise buyout offer for BlueScope Steel to $10.6 billion

    Picture of Steel Dynamics logoSteel Dynamics
    17/02/2026 21:44
    Feb 18 (Reuters) - Australian billionaire Kerry Stokes-owned SGH Ltd SGH.AX and U.S.-based Steel Dynamics STLD.O on Wednesday sweetened their takeover offer for BlueScope Steel BSL.AX, valuing the Australian steelmaker at A$15 billion ($10.62 billion).

($1 = 1.4118 Australian dollars)

 (Reporting by Sameer Manekar in Bengaluru)

 ((Sameer.Manekar@thomsonreuters.com;))

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