0016 GMT - BlueScope Steel's 1H FY27 earnings before interest and taxes, or EBIT, guidance of 860 million to 960 million Australian dollars is above consensus of A$812 million "but lower than some estimates and implied spot scenarios," says Barrenjoey. The steelmaker's 2H FY26 EBIT of A$716 million is slightly above the top end of guidance of A$620 million-A$700 million, and 3% above consensus, Barrenjoey says. The Australian bank expects comments from management, particularly on Australian Steel Products and North Star, could drive the stock Monday. Shares are down 2.3% early in Sydney at A$32.92.
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