Oz power prices too high to justify investment: BlueScope 

AUSTRALIA’s energy prices are a driver behind steelmaker BlueScope’s decision to send more investment stateside, CEO Mark Vassella said today as the company released its full year results. 

Oz power prices too high to justify investment: BlueScope  Oz power prices too high to justify investment: BlueScope  Oz power prices too high to justify investment: BlueScope  Oz power prices too high to justify investment: BlueScope  Oz power prices too high to justify investment: BlueScope 

BlueScope chief Mark Vassella

BlueScope plans a A$1 billion spend to expand its Ohio works from 2 million tonnes per annum to 3MMtpa, citing lower energy costs and a generally friendly environment, among other reasons.

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