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Bluescope Steel Limited

( ASX:BSL ) - ASX200 Materials

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Analyst Views

BSL – UBS rates the stock as Sell

BlueScope Steel has set a bold target of reducing its carbon intensity by -1% per annum by 2030, UBS notes. To achieve this, every site has a plan and the majority of the reduction will be led by Port Kembla. Port Kembla is expected to use cleaner coal and higher-grade iron ore.

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