BHP News: BHP sees steel and copper demand recovering after profit slumps to six-year low - 18th Feb 2025, 9:01am

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By Melanie Burton and Sameer Manekar

MELBOURNE (Reuters) -BHP sees signs of economic recovery in China and central bank rate cuts reviving demand for steel and copper but flagged risks to global growth from potential trade tensions, as it logged its lowest first-half profit in six years.

After scrapping a $49 billion bid to acquire Anglo American, which last year rebuffed its bigger rival's effort to snare control of prized copper assets in Latin America, BHP CEO Mike Henry said the company wa...

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