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BlueScope Steel (BSL) $20.50

We mentioned liking BSL around the $20 area in yesterdays “The Match Out” report as MM feels value is back on the table following the company’s 25% correction. The steel manufacturer is obviously set to suffer as Chinse property development slows hence we wouldn’t be chasing any strength preferring to consider accumulating in the $18-$20 area.

BSL
MM likes BSL around $20, or below
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BlueScope Steel (BSL)
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