Bluescope Steel Limited · ASX:BSL
Bluescope Steel — 2023 BMO Global Metals, Mining & Critical Minerals Conference
20 slides from Bluescope Steel's conference presentation, Feb 27, 2023
Slide 1: ASX cover letter for conference presentation
The Manager – Listings Australian Securities Exchange Limited Exchange Centre For personal use only 20 Bridge Street SYDNEY NSW 2000 27 February 2023 2023 BMO Global Metals, Mining & Critical Minerals Conference Presentation Dear Sir, BlueScope’s Managing Director and Chief Executive Officer, Mark V
Slide 2: BMO Metals, Mining & Critical Minerals Conference Presentation
BMO Metals, Mining For personal use only & Critical Minerals Conference Presentation Mark Vassella Managing Director and Chief Executive Officer 28 February 2023 BlueScope Steel Limited. ASX Code: BSL ABN: 16 000 011 058 Level 11, 120 Collins St, Melbourne, VIC, 3000
Slide 3: Important Notice
IMPORTANT NOTICE This presentation is not and does not form part of any offer, invitation or recommendation in For personal use only 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 4: Overview BlueScope
For personal use only Overview BlueScope 3
Slide 5: BlueScope: A Different Kind of Steel Company
BlueScope: A Different Kind of Steel Company For personal use only What makes us different? 1 Purpose-led and sustainability focussed 2 Led by Our Strategy with a high-quality asset portfolio 3 Leading product technologies, branding & channels 4 Financial strength & cost competitiveness 5 Deploying
Slide 6: Our Bond / Our Purpose
Our For personal use only Bond Our Customers are our partners Our People are our strength Our Our Shareholders are our foundations Purpose Our Local Communities are our homes We create and inspire smart solutions in steel, to strengthen our communities for the future. 5
Slide 7: Embedding Sustainability in All That We Do
EMBEDDING SUSTAINABILITY IN ALL THAT WE DO For personal use only Five key sustainability outcomes 01 02 03 04 05 Climate action Safe, healthy, Sustainable Responsible Strong and inclusive growth and products & communities workplaces transformation supply chains 6
Slide 8: Guided by Our Strategy
GUIDED BY OUR STRATEGY For personal use only TRANSFORM GROW DELIVER DELIVER A STEP GROW OUR PORTFOLIO OF DELIVER A SAFE CHANGE IN CUSTOMER SUSTAINABLE WORKPLACE, AN EXPERIENCE AND STEELMAKING AND WORLD ADAPTABLE BUSINESS LEADING COATING, ORGANISATION AND PERFORMANCE PAINTING AND STEEL STRONG RETURNS
Slide 9: A High-Quality Asset Portfolio
A HIGH-QUALITY ASSET PORTFOLIO For personal use only India China ASEAN New Zealand and United States Pacific Islands Australia Key Recycling Steelmaking Metal coating Long products Steel buildings Steel building materials (scrap metal) (flat products) and painting (rebar, wire) and systems and compo
Slide 10: Focussed on Building and Construction; Geographically Diversified
FOCUSSED ON BUILDING AND CONSTRUCTION; GEOGRAPHICALLY DIVERSIFIED For personal use only End-use segment exposure Earnings by region (share of CY2022 despatch volume) (CY2022 Underlying EBITDA) Export NZ & Pacific 9% 8% Asia Automotive 9% 13% 48% North America Manufacturing 16% 62% Building & & Other
Slide 11: Well Positioned for the Favourable Long Term Outlook for Steel
WELL POSITIONED FOR THE FAVOURABLE LONG TERM OUTLOOK FOR STEEL For personal use only Global green revolution driving demand for steel Steel intensive building and construction well supported Preference for lower density and regional housing Transition to the digital economy driving demand
Slide 12: Leading Product Technologies, Brands and Channels
LEADING PRODUCT TECHNOLOGIES, BRANDS AND CHANNELS A global leader in metal coating and painting for building For personal use only and construction applications Australia ® ® America North ® ® Asia ® ® ® ® ® ® Zealand New 11
Slide 13: Financial Strength Guided by Our Financial Framework
FINANCIAL STRENGTH GUIDED BY OUR FINANCIAL FRAMEWORK For personal use only Strong returns, a robust balance sheet and a disciplined approach to capital allocation Returns Robust Disciplined Focus Capital Structure Capital Allocation Targeting shareholder returns Focus on ROIC and free cash generatio
Slide 14: BlueScope in North America
BLUESCOPE IN NORTH AMERICA For personal use only Number of Sites Employees Invested Capital 26 ~4,000 A$5.3Bn Sales Volume Revenue EBITDA (CY2022) (CY2022) (CY2022) 3.3mt A$8.6Bn A$1.6Bn 13
Slide 15: Delivering Our US Growth Strategy
DELIVERING OUR US GROWTH STRATEGY For personal use only Invested over A$2.2 billion in recent years; total US investment around A$5 billion Presence across the value chain BlueScope’s US footprint Recycling & Steelmaking Cold Rolling & Metallic Coating Coil Painting Buildings & BlueScope Recycling S
Slide 16: Key US Growth Initiatives
KEY US GROWTH INITIATIVES For personal use only North Star BlueScope Recycling BlueScope Coated Expansion and Materials Products • ~US$735M project to increase • Established via acquisition of • Established via US$500M capacity by 850kt (metric) MetalX ferrous business acquisition of Coil Coaters –
Slide 17: Summary and conclusion
For personal use only Summary and conclusion 16
Slide 18: A Resilient Business Delivering Returns Through the Cycle
A RESILIENT BUSINESS DELIVERING RETURNS THROUGH THE CYCLE For personal use only A different kind of steel company Well positioned with a high-quality asset portfolio Disciplined approach to deliver returns Demonstrated strong returns Transforming our business in the ‘age of steel’ 17
Slide 19: Questions
For personal use only Questions 18
Slide 20: BMO Metals, Mining & Critical Minerals Conference Presentation
BMO Metals, Mining For personal use only & Critical Minerals Conference Presentation Mark Vassella Managing Director and Chief Executive Officer 28 February 2023 BlueScope Steel Limited. ASX Code: BSL ABN: 16 000 011 058 Level 11, 120 Collins St, Melbourne, VIC, 3000
BlueScope Steel — 2023 BMO Global Metals, Mining & Critical Minerals Conference on 6ix