BlueScope Posts Full-Year Net Loss

BlueScope Steel Ltd BLSFY reported a net loss in the full year. BlueScope posted a net loss of 1.04 billion Australian dollars (US$1.09 billion), versus a year-ago loss of A$1.05 billion. Its underlying net loss came in at A$238 million, versus a year-ago net loss of A$127 million. Analysts were expecting a net loss of A$812 million and an underlying net loss of A$180 million.