Bluescope Steel Limited · ASX:BSL
Bluescope Steel — Shareholder Meeting (November 2007)
21 slides from Bluescope Steel's shareholder meeting presentation, Nov 14, 2007
Slide 1: AGM Presentation – Managing Director & CEO Update
For personal use only AGM Presentation – Managing Director & CEO Update Paul O’Malley, Managing Director & Chief Executive Officer 14 November 2007 ASX Code: BSL
Slide 2: Important notice
Important notice For personal use only THIS PRESENTATION IS NOT AND DOES NOT FORM PART OF ANY OFFER, INVITATION OR RECOMMENDATION IN RESPECT OF SECURITIES. ANY DECISION TO BUY OR SELL BLUESCOPE STEEL LIMITED SECURITIES OR OTHER PRODUCTS SHOULD BE MADE ONLY AFTER SEEKING APPROPRIATE FINANCIAL ADVICE.
Slide 3: Zero harm is our goal for our team and communities
Zero harm is our goal for our team and communities For personal use only Lost Time Injury Frequency Rate Medically Treated Injury Frequency Rate 18 70 16 NSW Manufacturing 60 16 Medically treated injuries per million man-hours worked 27.9 in 2005 60 14 Lost time injuries per million man-hours worked
Slide 4: Our BlueScope BluePrint process
Our BlueScope BluePrint process For personal use only “Test and Refresh” program commenced in August to review: ¾ our asset portfolio ¾ and identify additional improvement opportunities within our businesses ¾ sales and marketing issues and opportunities ¾ industry outlook and drivers ¾ our balanc
Slide 5: Matters that will not change or where focus will be increased
Matters that will not change or where focus will be increased For personal use only Safety – continue our focus on safety and target of “Zero Harm” Communities – continue to work closely with all of our communities Sustainability – this is one area which will have increased focus and we contin
Slide 6: Water conservation – clear focus on further reducing fresh water consumption
Water conservation – clear focus on further reducing fresh water consumption For personal use only Port Kembla Steel Works Western Port Operation Total Water Use (ml/day) for process and cooling $21.5 million water recycling project with South East Water, including funding from Victorian 2% 2% Gov
Slide 7: BlueScope's annual Australian freshwater consumption
BlueScope’s annual Australian freshwater consumption For personal use only 30% 18,000 Reduction 16,000 14,000 12,000 Megalitres per Annum 10,000 8,000 6,000 4,000 2,000 - FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 *Excludes purchased recycled water
Slide 8: BlueScope tank a day challenge helping Australians conserve water
BlueScope tank a day challenge helping Australians conserve water For personal use only • Donates 200 rainwater tanks over a year at Australian primary schools • A kick start to their water conservation and an education program • 1850 schools registered - 28% of all primary schools • Involves 525,00
Slide 9: New Zealand Steel and sustainability – benefits of cogeneration
New Zealand Steel and sustainability – benefits of cogeneration NZ STEEL – EXTERNALLY PURCHASED AND INTERNALLY COGENERATED ELECTRICITY 1200 For personal use only 1000 800 Internal GWh 600 Cogeneration 400 Purchased 200 Energy 0 1990/91 1992/93 1994/95 1996/97 1998/99 2000/01 2002/03 2004/05 2006/07
Slide 10: PKSW cogeneration plant – technology led solution to displace emissions
PKSW cogeneration plant – technology led solution that will displace green house gas emissions by 800,000 tpa CO2 equivalent For personal use only Proposed Port Kembla Steelworks Co-Generation Plant Surplus process gas ¾ 12 months feasibility study underway from iron & steel making ¾ Reduce approx
Slide 11: Our focus on capital management will not change
Our focus on capital management will not change – we will continue to reward our shareholders as we grow Share Buybacks – Public listing to 30 June 2007 Total return to shareholders since BSL’s For personal use only Purchased and cancelled 116m shares ¾ on market – 90m shares public listing (Jul
Slide 12: New organisation structure and leadership team
New organisation structure and leadership team For personal use only Managing Director and CEO Paul O’Malley CORPORATE • Legal – Michael Barron • CFO – TBA • People and Organisational Performance – Ian Cummin Australia & NZ Australia Australia Distribution • Corporate Strategy & ASIA & India China M
Slide 13: For personal use only
For personal use only
Slide 14: Global steel industry – long periods of demand growth are not unprecedented
Global steel industry – long periods of demand growth are not unprecedented For personal use only Historic world steel production evolution* World steel demand “CHINA & EMERGING Tonnes “POST WAR INDUSTRIALISATION” “OIL SHOCKS” ECONOMIES” 1,200,000,000 1,000,000,000 800,000,000 “5% 600,000,000 “5-8%
Slide 15: Second Half FY 2008
Second Half FY 2008 For personal use only Opportunities and risks for the second half will have a major bearing on our FY 2008 result Opportunities Risks ¾ Stronger global steel prices ¾ Continued strengthening of A$ ¾ Improved domestic sales ¾ Return to higher zinc costs Will further update mar
Slide 16: Port Kembla Steelworks – A$330M blast furnace no. 5 reline
We continue to invest in our businesses - Port Kembla Steelworks - For personal use only A$330M blast furnace no. 5 reline
Slide 17: Port Kembla Steel Works – A$134m sinter plant upgrade
Port Kembla Steel Works – A$134m sinter plant upgrade For personal use only Exit End Entry End • Rebuild cooler • New Ignition Furnace • Increase Width • New Strand Feeding Device • Increase Fan Power • Relocate Lowering wheel and extend building • New cooler feed chute Precipitators • Refurbish zon
Slide 18: A$150m new West Sydney Colorbond facility
Coated & Building Products Australia – A$150m new West Sydney For personal use only Colorbond® facility
Slide 19: Growing Coated & Building Products North America – acquisition of HCI
Growing Coated & Building Products North America – acquisition of HCI Steel Buildings System, Inc On 1 November 2007 BlueScope acquired privately owned HCI Steel Building For personal use only System Inc. (a pre-engineered steel buildings business) ¾ HCI designs & manufactures steel PEB’s for heav
Slide 20: Summary
Summary For personal use only We are identifying a range of real business improvement opportunities We will invest in our businesses ¾ to continue to improve productive capacity; and ¾ to continue to improve our environmental performance. Our capital management focus remains unchanged. Zero
Slide 21: Managing Director & CEO Update
For personal use only AGM Presentation – Managing Director & CEO Update Paul O’Malley, Managing Director & Chief Executive Officer 14 November 2007 ASX Code: BSL
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