The company last month teamed up with a conglomerate to bid nearly $9 billion for BlueScope Steel. If successful, the ...

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BlueScope Steel has received a takeover offer from Australia's SGH and U.S.-based Steel Dynamics that values the steelmaker's equity at 13.2 billion Australian dollars, equivalent to US$8.8 billion.

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Macroeconomic trends, including cooling inflation and continued commodity headwinds, are expected to impact the industry.

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