BSL

Australia's largest steelmaker, Bluescope Steel (ASX:BSL) have announced its interim first half results to sharemarket traders and investors.

• Bluescope Steel Net Loss of $12 million. Down from a net loss of $530 million in the previous corresponding period.
• Revenue was $3.7 billion, down from $4.45 billion in the previous corresponding period.

A merger between Bluescope Steel (ASX:BSL) and Arrium (ASX:ARI) (formerly OneSteel) may be a possibility.

• Arrium has rejected the unsolicited takeover offer by the Asian consortium, led bouth South Korean, Noble Group.

Steel manufacturer, Bluescope Steel (ASX:BSL) have announced news of a deal struck between BSL and Nippon Steel.

• Blue Scope Steel has announced a new joint venture with Japanese company, Nippon Steel Corporation. The deal will give the company access to white goods manufacturing in South-East Asia.
• The two companies will form a new company called "NS BlueScope Coated Products"

Stocks went up and down before Christmas day arrived and this record shows to prove it. Below are list of the best and the worst traded stocks in ASX100, ASX200 and All Ordinaries of the Australian Stock Exchange in the 51st week of 2011, December 19 to 23, 2011.

Best Performing Trade Stocks ASX100 (XTO)

ASX100

The list below is a record of the top ten best and worst traded stocks in the ASX100, ASX200, and All Ordinaries of the Australian Stock Exchange in the 49th week of 2011, from December 5 to 9, 2011.

Best Performing Trade Stocks ASX100 (XTO)

ASX100

1. BlueScope Steel (BSL) closed its price at 43 cents adding $0.05 or 13.16%

Steel making giant BlueScope Steel (BSL) has applied for $100 million assistance from the Federal Government's Steel Transformation Plan (STP) after shares dropped down to 42.5 cents last Friday. The steel maker said it applied for money from the government's STP, which became available last Friday.

This is a record of the top three best and worst traded stocks in the ASX100, ASX200 and All Ordinaries of the Australian Stock Exchange in the 48th week of 2011, from November 28 to December 2, 2011.

Best Performing Trade Stocks ASX100 (XTO)

ASX 100

Australian steelmaker Bluescope Steel (BSL) has announced to raise $600 million capital in order to pay its existing debt.

The steelmaker recently announced that their debts climbed to a high of $1.56 billion by October 31 from $1.068 billion last June 30.

A fully underwritten four-for-five rights issue is used to raise the target capital, giving its shares a price of 40 cents per share, a 34 per cent discount to yesterday's 61 cents per share.

There are no floats scheduled but there are two upcoming ex-dividend and several Annual General Meetings listed in the stock market events tomorrow, November 17, 2011.

Ex-Dividends