BlueScope Steel Market Analysis and Financial Overview

A$ Millions Strong Financial Performance Across All Segments 500 400 . PKSW . • - Slab - . HRC Plate NS JV (50%) Castrip 300 265 63 206 200 179 100 0 Hot Rolled Products Return on Net Assets (Pre-Tax Annualised) 19% FY03-1H FY03-2H FY04-1H 21 • Western Port ⚫ Springhill •Packaging Products • Service Centres • Thailand . • Malaysia • Indonesia . • Vietnam • ⚫ Lysaght • ⚫ China 102 64 55 47 45 23 37 23 20 20 New Zealand Steel Coated Products Australia Coated Products Asia 10% 17% 21% Page 7

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