Ryan Stokes-steered SGH would carve out BlueScope's larger North American division under its $13.2 billion takeover proposal, after labelling the target's global operations as not strategically compatible.
Zoran Bebic-led Monadelphous has extended its working relationship with iron ore major BHP, after securing another significant contract worth $175 million.
Wall Street has ended higher, with surging financial shares helping lift the Dow Jones Industrial Average to an all-time peak, while energy firms jumped after a US military strike captured Venezuelan President Nicolas Maduro.
Australia's largest steel producer announced late Monday that US company Steel Dynamics has teamed with Ryan Stokes-led SGH to lob an indicative takeover proposal priced at $30 per share.
Ten rare earths players have informed a leading lobby group's proposed framework for the federal government to deliver on its $1.2 billion critical minerals strategic reserve pledge.
Strong commodity prices have helped balance Australia's stock market despite fossil fuels dipping as investors weigh the capture of Venezuelan President Nicolas Maduro by US special forces.
OPINION: In Western Australia, Kerry Stokes is almost untouchable. Close to government, the fourth-richest person in the state and boasting the Midas touch when it comes to business.
Subiaco-based midcap Metallium has extended its working relationship with global trading and mining conglomerate Glencore, on the back of a key binding agreement.
A host of Western Australia's influential business leaders could find demand for their prized meat products clipped after China imposed a 55 per cent tariff on beef imports.
The leaders of Denmark and Greenland have urged US President Donald Trump to stop threatening to take over Greenland, after he reiterated his wish to do so in an interview.
Political upheaval in oil producer Venezuela is being weighed by investors, with prices inching upwards after the US seized the South American nation's leader.
The Dow has closed higher on Friday, starting 2026 by snapping a four-day losing streak, but gains in chip makers Nvidia and Intel could not hoist Wall Street's other indexes into solidly positive territory.
