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By Aaditya GovindRao and Adwitiya Srivastava
(Reuters) -Shares of BlueScope Steel rose to a more than two-month high on Monday, buoyed by expectation that the Australian steelmaker's U.S. business would gain from potential tariffs on all steel imports into the country.
The stock rose as much as 4% by 0234 GMT to hit its highest level since December 2, 2024 and was among the top gainers on the benchmark S&P/ASX 200 index, which was down 0.4%.
U.S. President Donald Trump said he would introduce...
>>> Read more: Australia's BlueScope Steel gains on potential US tariffs on steel imports
(Reuters) -Shares of BlueScope Steel rose to a more than two-month high on Monday, buoyed by expectation that the Australian steelmaker's U.S. business would gain from potential tariffs on all steel imports into the country.
The stock rose as much as 4% by 0234 GMT to hit its highest level since December 2, 2024 and was among the top gainers on the benchmark S&P/ASX 200 index, which was down 0.4%.
U.S. President Donald Trump said he would introduce...
>>> Read more: Australia's BlueScope Steel gains on potential US tariffs on steel imports
