FY24 Financial Guidance Update

After Rising Recently, Steel Prices Are Expected to Flatten US Steel Prices, USD/ST, Jan '22-Apr '24 US Steel Price $/ST HR 2,000 1,500 1,000 500 BLUE BIRD HR Fut. - CR Scrap Scrap Fut. Futures 12/8 6/8 12/7 1,300 1,200 880 1,054 930 683 317 429 357 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr 2022 2023 HR index refreshes daily, CR & HDG refresh weekly on Thursday, Scrap refreshes monthly on the 10th. Futures values derived from Goldman Sachs (as of 8th of December 2023). Sources: AMM Fastmarkets 2024 34

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