Bluescope Steel Limited · ASX:BSL
Bluescope Steel — Shareholder Meeting (November 2010)
17 slides from Bluescope Steel's shareholder meeting presentation, Nov 11, 2010
Slide 1: Annual General Meeting
For personal use only Annual General Meeting Paul O’Malley Managing Director and Chief Executive Officer 11 November 2010
Slide 2: Safety – our first priority
Safety – our first priority For personal use only Page 2
Slide 3: Safety – our target remains Zero Harm
Safety – our target remains Zero Harm For personal use only Lost Time Injuries Medically Treated Injuries per million man-hours worked per million man-hours worked Reported performance for World Steel member companies (employees & contractors) Includes Contractors from 1996 Includes Contractors from
Slide 4: Performance
For personal use only Performance Page 4
Slide 5: Focus on growth
Focus on growth For personal use only • Market First approach to supplying customers effectively, for example: –Our design system for pre- engineered steel buildings offering cost effective and quick to construct buildings Page 5
Slide 6: Commitment to re-invest in assets
Commitment to re-invest in assets For personal use only • For example: –Reline of our No.5 Blast Furnace during the GFC –Next generation COLORBOND® and ZINCALUME® steels –Value-added carbon steels Page 6
Slide 7: Maintaining cost competitiveness
Maintaining cost competitiveness For personal use only • Public policy development • Internal cost savings: –$658 million by end FY10 vs FY08 cost base –$340 million in permanent savings –Benefits to cost base FY11 and beyond Page 7
Slide 8: Trading Conditions
For personal use only Trading Conditions Page 8
Slide 9: South East Asia business
South East Asia business For personal use only • Performance turnaround • Expect another solid performance this year Page 9
Slide 10: China business
China business For personal use only • Significant EBIT improvement • Expect very good results again this year Page 10
Slide 11: North America business
North America business For personal use only • US economy flat • BlueScope well leveraged to upside in world’s largest economy • Buildings business restructured and integrated • North Star BlueScope Steel continuing to operate well Page 11
Slide 12: New Zealand business
New Zealand business For personal use only • Continues to perform well • Expect another solid contribution this year Page 12
Slide 13: Australian business
Australian business For personal use only • Leading supplier of flat steel products and metal coated and painted steel • Continue to face pressure from compressed steel spreads Page 13
Slide 14: Strategy – Market First
Strategy – Market First For personal use only Page 14
Slide 15: Outlook
For personal use only Outlook Page 15
Slide 16: Outlook for first half
Outlook for first half For personal use only • Affected by 4 key drivers –Flat prices for steel –High raw material costs –Stronger A$ v US$ –Softer domestic demand • Company expects a breakeven NPAT for first half • Next update at first half results announcement in February 2011 Page 16
Slide 17: Well positioned for the upturn
For personal use only Well positioned for the upturn Page 17
BlueScope Steel — Shareholder Meeting (November 2010) on 6ix