Join our daily newsletter At The Bell to receive exclusive market insightsASX today – Friday in Week 2 is looking like an M&A kind of day, with Kerry Stokes’ eager conglomerate now preparing another BlueScope Steel (ASX:BSL) tilt and Glencore confirming it’s speaking to Rio Tinto (ASX:RIO) again.Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.These bumper conversations – two of the biggest deals the ASX ...

Asian shares ended mixed on Thursday amid escalating China-Japan tensions and ahead of key U.S. jobs data due this week that could influence the Federal Reserve's rate trajectory. Oil ticked higher in Asian trade after the U.S. said it plans to control Venezuela's oil sales 'indefinitely'. Gold extended overnight losses, pressured by a firm dollar. China's Shanghai Composite index finished marginally lower at 4,082.98 after a choppy session. Hong Kong's Hang Seng index declined 1.17 percent to 26,149.31, d ...

The new year is already off to a strong start, with both the Dow Jones Industrial Average (DJI) and S&P 500 Index (SPX) with fresh record closes under their belts. For investors looking to keep up this momentum in the first quarter, Senior Quantitative Analyst Rocky White composed a list of the best 25 stocks to own during this period.Though Steel Dynamics Inc (NASDAQ:STLD) stock doesn't top the list overall, it leads in terms of largest percentage gains. The security finished the first quarter higher in ei ...

BlueScope argued that the bid didn't reflect the value expected to be realized through current initiatives, including growth investments and land monetization. ...

Core Viewpoint - Australian conglomerate SGH, led by media billionaire Kerry Stokes, has made a A$13.15 billion ($8.83 billion) bid for BlueScope, aiming to broaden its industrial footprint and push into the steelmaking sector [1] Group 1: Company Strategy - SGH's acquisition of BlueScope is part of a strategic move to expand its industrial operations [1] - The bid reflects SGH's intent to diversify its portfolio and enhance its presence in the steel industry [1] Group 2: Financial Details - The proposed bid amounts to A$13.15 billion, equivalent to $8.83 billion [1] - This financial commitment indicates SGH's confidence in the potential growth and profitability of BlueScope [1]

The BlueScope Steel Ltd (ASX: BSL) share price jumped 17% after receiving a takeover bid from SGH Ltd (ASX: SGH).BlueScope Steel is a large steel manufacturer with a presence in both Asia Pacific (namely Australia) as well as North America.SGH is a diversified industrial company – WesTrac is one of the largest Caterpillar dealers globally. It also owns Coates, boral, almost a third of Beach Energy Ltd (ASX: BPT) and 40% of Seven West Media Ltd (ASX: SWM).SGH bid for BlueScope SteelASX share SGH and NASDAQ-l ...

FORT WAYNE, Ind., Jan. 5, 2026 /PRNewswire/ --6 January 2026 AEDT / 5 January 2026 EST Company Announcements Office Australian Securities Exchange Limited 20 Bridge Street SYDNEY NSW 2000  Overview In response to media speculation, SGH Ltd (ASX: SGH) confirms it has submitted a Non-Binding Indicative Offer (NBIO), together with Steel Dynamics, Inc. (SDI) (NASDAQ/GS: STLD), for SGH to acquire 100% of BlueScope Steel Ltd (ASX: BSL) by way of a scheme of arrangement (the Proposal). If the Proposal is implemen ...

Under the proposal, SGH would acquire all of BlueScope's shares and then sell BlueScope's North American businesses to Steel Dynamics. ...

Steel Dynamics, Inc. (STLD), headquartered in Fort Wayne, Indiana, functions as a leading steel producer and metal recycler. Valued at $25.6 billion by market cap, the company’s products include flat rolled steel sheet, engineered bar, special-bar-quality, and structural beams. It also recycles scrap metal and manufactures non-residential building components, including steel joists, girders, trusses, and decks, for construction projects. The leading domestic steel producer and metals recycler is expected t ...

Key Takeaways Steel Dynamics forecast Q4 EPS of $1.65-$1.69, above Q4 2024 but well below Q3 2025 levels.STLD cites lower realized steel prices, seasonal demand and mill outages curtailing 140k-150k tons.Steel Dynamics notes steady orders, backlog into Q2 2026, and $200M in Q4 buybacks. Steel Dynamics, Inc. (STLD) has announced earnings guidance for the fourth quarter of 2025 in the range of $1.65 to $1.69 per share. This view implies an increase from $1.36 reported in the fourth quarter of 2024. Still, it  ...