BlueScope Steel sets November AGM date: BlueScope Steel stock sits 13.02 percent below its high

Published on 10/07/2026 at 07:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

BlueScope revenue was AUD 8.41 billion in the June quarter, up 0.60 percent. BlueScope Steel stock had EUR 19.30 at the October 5, 2026 close.

BlueScope, AU000000BSL0, Illustration mit AI erstellt.

BlueScope Steel (AU000000BSL0) stock was 13.02 percent below its AUD 35.26 52-week high at AUD 30.67 on ASX on October 7, 2026. The company will hold its annual general meeting on November 16, 2026, according to BlueScope Steel in its notice dated October 1, 2026.

Annual meeting sets the next date

The hybrid meeting will begin at 10:00 a.m. Australian Eastern Daylight Time on November 16, 2026. The date gives shareholders a defined governance event after the company reported its fiscal 2026 results in August.

The meeting itself is not a financial forecast, but its timing places board decisions and shareholder questions on the calendar before the next major reporting cycle. The company is an Australian steel producer with operations across Australia, New Zealand, Asia and North America.

June revenue reached AUD 8.41 billion

For the quarter ended June 30, 2026, BlueScope reported revenue of AUD 8.41 billion and net profit of AUD 411.20 million, according to Markets Insider on October 2, 2026. Revenue was AUD 8.36 billion in the comparable quarter, while the prior-year period posted a GAAP net loss of AUD 95.30 million.

The comparison matters more than the small revenue increase: the latest quarter combined a 0.60 percent year-over-year revenue gain with a swing from a GAAP loss to a profit. That gives the annual meeting a stronger earnings backdrop than the headline revenue change alone suggests.

Stock remains below its yearly high

On October 7, 2026, the ASX quote was AUD 30.67, down AUD 0.51 from AUD 31.18, with a market capitalization of AUD 13.4 billion. The AUD 20.23 to AUD 35.26 52-week range places the quote 13.02 percent below its high.

RBC Capital maintained a Buy rating and an AUD 38.00 target in a report dated October 2, 2026, as reported by Markets Insider. The same report cited an average target of AUD 35.62, making the RBC target AUD 2.38 higher than that consensus figure.

European quote keeps a separate reference

The Lang & Schwarz prior close was EUR 19.30 on October 5, 2026. The quote is separate from the ASX price in Australian dollars and carries no daily percentage comparison here.

The further course of trading is shown by the continuously updated real-time quote of BlueScope Steel stock.