BlueScope Steel Swings To Net Profit

BlueScope Steel BLSFY swung to a profit in the six months through December. BlueScope posted a net profit of 3.7 million Australian dollars (US$3.3 million) in the period, versus a year-ago loss of A$23.8 million. Its underlying profit came in at A$49.1 million, compared to a loss of A$1.6 million.