Monday, February 16, 2026 at 6:28 AM
BlueScope Steel’s plans to expand further in the U.S. by investing in midstream capacity have fallen down the agenda.
Under the revised offer, BlueScope shareholders would receive about $22.93 per share in cash, Steel Dynamics and SGH said.
The Australian metals producer anticipates solid demand for the miner’s zinc from North American smelters grappling with shortages of raw material.
The prolific Permian Basin distracted American producers from international shale. Now, they are returning.
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