BlueScope Steel (OTCMKTS:BLSFY) Shares Down 0.5% – Here’s Why

BlueScope Steel Limited (OTCMKTS:BLSFY) shares fell 0.5% on Tuesday . The company traded as low as $103.16 and last traded at $103.16. 289 shares traded hands during mid-day trading, a decline of 34% from the average session volume of 435 shares. The stock had previously closed at $103.64.

BlueScope Steel Trading Down 0.5%

The firm has a fifty day simple moving average of $94.62 and a 200-day simple moving average of $81.10.

BlueScope Steel Company Profile

BlueScope Steel is an integrated steel producer headquartered in Melbourne, Australia, specializing in the manufacture and distribution of flat steel products and building solutions. The company’s core activities span the production of hot-rolled, cold-rolled, coated and painted steel products, as well as the design and supply of prefabricated buildings and steel framing systems. BlueScope serves a diverse customer base that includes construction, manufacturing, automotive, and distribution sectors.

Among its portfolio of branded products are COLORBOND® steel and ZINCALUME® steel, which are widely used in residential, commercial and industrial roofing and cladding applications.