Australia's BlueScope leads global steel giants in push for Gupta’s Whyalla plant
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 03 2025
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Source: Reuters
Consortium Formation: Australia's BlueScope Steel has formed a consortium with global steelmakers Nippon Steel, JSW Steel, and POSCO to bid for the troubled Whyalla Steelworks, which is being sold following its administration due to significant debt.
Market Potential: The consortium aims to transform the Whyalla plant into a hub for low-emissions iron production, reflecting strong interest in the emerging green steel economy as the Australian government supports the sale process.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
