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BlueScope Leads Green Steel Push With Bid For Whyalla Steelworks

BlueScope Leads Green Steel Push With Bid For Whyalla Steelworks

Bloomberga day ago
BlueScope Steel Ltd. said it will lead an international consortium to bid for the beleaguered Whyalla steelworks in South Australia, investigating the possibility of converting the site into a low-carbon steel manufacturing hub.
Venture partners include South Korean steel giant POSCO Holdings Inc., Japan's Nippon Steel Corp. and Indian multinational JSW Steel Ltd., BlueScope said in a statement on Monday. The consortium has submitted a non-binding, indicative expression of interest outlining possible options for the Whyalla assets.
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