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Shadow over Glenbrook as BlueScope writes off $A200m

Update on strategic review of NZ assets due next month.

Tim Hunter Fri, 17 Jul 2020

ASX-listed BlueScope Steel is writing off $200 million from the carrying value of its New Zealand and Pacific Steel businesses because of a lower long-term earnings outlook.

In a statement to the ASX, BlueScope also confirmed a strategic review of the NZ operations was in progress.

The aim

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Tim Hunter Fri, 17 Jul 2020
Contact the Writer: thunter@nbr.co.nz
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Shadow over Glenbrook as BlueScope writes off $A200m
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