Type | Public (ASX: BSL) |
---|---|
Industry | Manufacturing |
Predecessor | BHP Steel |
Founded | 2002 |
Headquarters | 120 Collins Street Melbourne, Australia |
Number of locations | Australia (main headquarters), New Zealand, Asia, Pacific, North America |
Key people | Graham Kraehe (Chairman) Paul O'Malley(CEO) |
Products | Steel |
Revenue | A$8.9 billion (Y.E. 30 June 2007) |
Employees | 17,500 |
Website | www.bluescopesteel.com.au |
BlueScope Steel is a flat product steel producer with operations in Australia, New Zealand, Asia, the Pacific and North America. It was spun off from BHP Billiton in 2002 as BHP Steel and renamed BlueScope Steel on 17 November 2003. Its Australian Securities Exchange code is BSL.
The corporate headquarters are located in the Bluescope Steel Centre at 120 Collins Street, Melbourne.
The company employs 17,500 personnel currently with 1000 jobs to be axed over the coming months. It has its largest operating plant, an integrated steelworks, at Port Kembla, near Wollongong, New South Wales, Australia, had an annual production of 5 million tonnes of steel. In October 2011, No6 Blast furnace, one of two at Port Kembla, was shut down, reducing the plant's production capacity by 50% after the company decided to exit the export market.
Major products include steel slab, hot rolled coil, steel plate, automotive steel, galvanised steel, corrugated galvanised iron, "ZINCALUME" brand (55% aluminium-zinc) coated steel, and "COLORBOND" brand pre-painted steel. Tinplate production ceased in March 2007.
Paul O'Malley (BlueScope Steel's CFO) has been chosen to replace Kirby Adams as CEO as of October 2007.
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Finished products are transported around Australia by rail freight operator Pacific National. In February 2007 PN secured Australia's largest ever rail freight contract ($1 billion) with BlueScope Steel and OneSteel, to carry approximately 3 million tonnes of steel product each year for 7 years.[1]