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25% tariffs! Where next for the BlueScope share price?

Views : 45
Update time : 2025-02-25 16:43:00
The BlueScope Steel Limited (ASX: BSL) share price has had an excellent start to 2025, rising by 30%. The S&P/ASX 200 Index (ASX: XJO) has only gone up by 1% in the same time period, so it's been a great time to be a shareholder of the steel business.

About a month ago, I suggested that BlueScope could be one of Australia's biggest winners this year, and it has already been a great performer.

I'd understand if some shareholders decide to take the profits off the table because the rise appears to have been spurred by the US decision related to steel tariffs. But let's look at why the picture could become even better for the business.

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