Jun 17, 2026 – 12.38pmBlueScope Steel’s North American business is benefiting from a surge in steel prices, lifting the value of its North Star mill in Ohio and potentially frustrating the ambitions of Ryan Stokes’ SGH and its US bidding partner to take over the company.Analysts say North Star is on course to almost triple profits for the year to June 30, 2026, compared with a year ago, as Trump administration tariffs give US-based steel producers an advantage over importers at a time when demand for steel for data centre construction and industrial uses is rising.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles