BlueScope Bull Says Asset-Sales Talks Make Sense -- Market Talk

Dow Jones

Apr 20

0102 GMT - BlueScope Steel would be sensible to be discussing the possible sale of its North American assets, says Jefferies analyst Ramoun Lazar. He cites the "unique attraction of North Star, the opportunity for value realization, and ability for BSL shareholders to retain any upside in the [non-North American] assets via spreads and recent growth capex spend." Jefferies has an undisturbed valuation on the North American assets of roughly US$7 billion. Lazar's remarks follow a media report in the Australian Financial Review that BlueScope is preparing to auction the North American operations. Jefferies has a buy rating and A$35 target on BlueScope. Shares are up 1.0% at A$28.87. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)

(END) Dow Jones Newswires

April 19, 2026 21:02 ET (01:02 GMT)

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He cites the \"unique attraction of North <a href=\"https://laohu8.com/S/SGU\">Star</a>, the opportunity for value realization, and ability for BSL shareholders to retain any upside in the [non-<a href=\"https://laohu8.com/S/NOA\">North American</a>] assets via spreads and recent growth capex spend.\" Jefferies has an undisturbed valuation on the North American assets of roughly US$7 billion. Lazar's remarks follow a media report in the Australian Financial Review that BlueScope is preparing to auction the North American operations. Jefferies has a buy rating and A$35 target on BlueScope. Shares are up 1.0% at A$28.87. (rhiannon.hoyle@wsj.com; @RhiannonHoyle) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 19, 2026 21:02 ET (01:02 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BlueScope Bull Says Asset-Sales Talks Make Sense -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBlueScope Bull Says Asset-Sales Talks Make Sense -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-04-20 09:02</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0102 GMT - BlueScope Steel would be sensible to be discussing the possible sale of its <a href=\"https://laohu8.com/S/FNCSF\">North American</a> assets, says Jefferies analyst Ramoun Lazar. He cites the \"unique attraction of North <a href=\"https://laohu8.com/S/SGU\">Star</a>, the opportunity for value realization, and ability for BSL shareholders to retain any upside in the [non-<a href=\"https://laohu8.com/S/NOA\">North American</a>] assets via spreads and recent growth capex spend.\" Jefferies has an undisturbed valuation on the North American assets of roughly US$7 billion. Lazar's remarks follow a media report in the Australian Financial Review that BlueScope is preparing to auction the North American operations. Jefferies has a buy rating and A$35 target on BlueScope. Shares are up 1.0% at A$28.87. (rhiannon.hoyle@wsj.com; @RhiannonHoyle) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 19, 2026 21:02 ET (01:02 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BSL.AU","symbol_name":"BLUESCOPE STEEL LTD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2628792299","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2628792299","pubTimestamp":1776646920,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0102 GMT - BlueScope Steel would be sensible to be discussing the possible sale of its North American assets, says Jefferies analyst Ramoun Lazar. He cites the \"unique attraction of North Star, the opportunity for value realization, and ability for BSL shareholders to retain any upside in the [non-North American] assets via spreads and recent growth capex spend.\" Jefferies has an undisturbed valuation on the North American assets of roughly US$7 billion. Lazar's remarks follow a media report in the Australian Financial Review that BlueScope is preparing to auction the North American operations. Jefferies has a buy rating and A$35 target on BlueScope. Shares are up 1.0% at A$28.87. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BSL.AU":"BLUESCOPE STEEL LTD","BK7129":"钢铁"},"translate_title":"博思格看涨称资产出售谈判有意义——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BSL.AU":0.9},"content_text":"0102 GMT - BlueScope Steel would be sensible to be discussing the possible sale of its North American assets, says Jefferies analyst Ramoun Lazar. He cites the \"unique attraction of North Star, the opportunity for value realization, and ability for BSL shareholders to retain any upside in the [non-North American] assets via spreads and recent growth capex spend.\" Jefferies has an undisturbed valuation on the North American assets of roughly US$7 billion. Lazar's remarks follow a media report in the Australian Financial Review that BlueScope is preparing to auction the North American operations. Jefferies has a buy rating and A$35 target on BlueScope. Shares are up 1.0% at A$28.87. (rhiannon.hoyle@wsj.com; @RhiannonHoyle) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 19, 2026 21:02 ET (01:02 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}