JPMorgan and Macquarie have upgraded outlook for the ASX-listed Steel major- BlueScope Steel Limited (ASX: BSL).
- JPM changed the rating on the stock from neutral to overweight.
- The rising spreads and volume across the Australian Steel Products business led to the change in the buying rating.
By 2:19 PM AEDT, BSL was trading at $15.45, up by 1.57% from the previous close.
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