Finance Updates – Finance Updates

SGH & Steel Dynamics Bid for BlueScope Rejected: Undervalued at A$30/share

SGH and Steel Dynamics made an unsolicited, n...

Under the proposal, SGH would keep BlueScope’...

BlueScope’s board unanimously rejected the of...

Top shareholder AustralianSuper backed the re...

BlueScope Rejects A$30/share Bid from SGH & Steel Dynamics: Key Issues & Implications

Global M&A Primary Metal Manufacturing

SGH and Steel Dynamics made a non-binding all...

BlueScope’s board unanimously rejected the of...

The proposal would have SGH buy all of BlueSc...

BlueScope argues its standalone value is high...

BlueScope Steel Rejects A$13.2B Takeover—Says Offer Undervalues Assets & Global Operations

Asia M&A Primary Metal Manufacturing

BlueScope Steel’s board unanimously rejected ...

The proposal would have SGH buy all of BlueSc...

BlueScope cited dividend and timing adjustmen...

Management says its standalone plan—capex, pr...

KeyBanc Sees Risk in Cleveland-Cliffs: Price Gains, Costs & Contracts in the SpotLight

Americas Markets Primary Metal Manufacturing

KeyBanc downgraded Cleveland-Cliffs (CLF) to ...

The firm kept its $13 price target, implying ...

Key near-term risks include rising unit costs...

U.S. carbon steel fundamentals are expected t...

SGH & Steel Dynamics’ A$13.2B BlueScope Bid Rejected: What’s Next in Valuation Tug-of-War

Asia M&A Primary Metal Manufacturing

SGH and Steel Dynamics made a non-binding all...

The plan would split BlueScope, with SGH taki...

BlueScope’s board unanimously rejected the bi...

The rejection raises the likelihood of a high...

KeyBanc Downgrades Cleveland-Cliffs: Valuation, Cost Pressures & Free Cash Flow Signals

Americas Markets Primary Metal Manufacturing

KeyBanc downgraded Cleveland-Cliffs to Sector...

The firm expects near-term free cash flow and...

KeyBanc forecasts hot-rolled coil at about $8...

Potential upside levers include non-core asse...

KeyBanc Downgrades Cleveland-Cliffs on Valuation Concerns After 50% Rally

Americas Markets Primary Metal Manufacturing

KeyBanc downgraded Cleveland-Cliffs from Over...

The firm flagged rising unit costs, the end-2...

CLF traded around ~11× 2026 EV/EBITDA, sugges...

Shares fell about 5% to roughly $12.62, even ...