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OneSteel Operations in Newcastle perform very well.
From one department has a yearly monthly average sale of 11.500T
January has been and forseen February production are at 12.500T which is unforseen strong allready for this time of the year.
Additional costsavings come in place, work currently done from 4 crews working 6days 12hrs shift.
Same production output will be done with 3 crews 6days 12hr shifts.
Huge $$$ savings in labourcosts and big increase in making $$$.
Also do not forget the IronOre sales.
The quaterly report (due February)will have huge upside potential for OneSteel.