BRIEF-BlueScope Steel Notes South32 Announcement On Sale Of Illawarra Metallurgical Coal

Reuters02-29

Feb 29 (Reuters) - BlueScope Steel Ltd :

* RESPONSE TO SOUTH32 SALE OF ILLAWARRA METALLURGICAL COAL

* NOTES ANNOUNCEMENT BY SOUTH32 TO SELL ITS ILLAWARRA METALLURGICAL COAL $(IMC.UK)$ DIVISION

* BLUESCOPE HAS A LONGSTANDING SUPPLY AGREEMENT WITH IMC OUT TO 2032 FOR SUPPLY OF A BLEND OF METALLURGICAL COAL

* HAS ONGOING RIGHTS UNDER LONG-TERM SUPPLY CONTRACT WITH IMC

* COMPANY WILL CONSIDER ITS POSITION ON SALE OF ILLAWARRA METALLURGICAL COAL

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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