North Star results improve despite buyer caution as tariffs drive prices higher

BlueScope said US tariffs will raise selling prices and narrow the spread its North Star operations suffered in 2025.

The Australian steel company released its fiscal 2025 second-half and full-year earnings statements on Aug. 18. Its North American operations reported underlying earnings before interest and tax (EBIT) of $514.4 million Australian (US$333.9 million), down 45% compared to FY2024.

earnings
Northstar Bluescope

Kristen DiLandro

Kristen DiLandro is a reporter for Steel Market Update. Kristen focuses on the micro and macro steel market conditions informing North American spot prices. Following her agency career in advertising, she attained an MFA in Writing from Savannah College of Art and Design. Kristen can be reached at kristen@steelmarketupdate.com or 724-221-8143.

Kristen DiLandro

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