BlueScope Steel announced a full-year profit of $136.3 million on August 24. This is an improvement on last year’s loss of $83 million, but not by much compared to past profits. The results were released on the day the Australian share market suffered its worst fall since the global financial crisis, yet BlueScope’s share price went up by almost 9%.
On June 12 the Geelong Women’s Unionist Network (GWUN) hosted a book launch for Women of Steel at Geelong Trades Hall. The purpose of the event was not only to launch the book recounting the Jobs for Women campaign which took on BHP in Wollongong in 1970s but also to raise funds for the Jobs for Women film project.
Attempts by Tahmoor mineworkers to negotiate with mining giant Xstrata have collapsed yet again after the company refused to budge during mediated talks in May. For 20 months, the Construction, Forestry, Mining, Energy Union (CFMEU), has been trying to negotiate an agreement.