BlueScope Steel Limited provided earnings guidance for the six months ended December 31, 2016. For the period, the company expects its preliminary unaudited underlying earnings before interest and tax (EBIT) to be around $600 million compared with prior guidance of at least $510 million. Preliminary unaudited net debt at December 31, 2016 is expected to be around $530 million, or a multiple of 0.4 times expected underlying EBITDA in the 12 months ended December 31, 2016.