BlueScope Steel Ltd

BSL: XASX (AUS)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Bluescope: Board Pours Cold Water on Latest Offer, but Leaves Door Open for Negotiation

Esther Holloway

Feb 26, 2026

Bluescope has responded to the latest offer from narrow-moat SGH and Steel Dynamics. The offer received on Feb. 18, 2026, was for AUD 34 per share, including dividends, before the offer closes. It says it is willing to consider the proposal, subject to conditions including a higher offer price.

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BlueScope Steel Ltd

Bluescope: Board Pours Cold Water on Latest Offer, but Leaves Door Open for Negotiation

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