Corporates: OST, CBH, CSR

  OneSteel is still having trouble with its & #160;Whyalla blast furnace which first had problems 10 days ago.The company told the ASX yesterday the furnace now can't be & #160;restarted and it may take four weeks until it returns to normal operating levels.The Whyalla furnace was shut down & #160;on Sunday, April 11, following an incident that released & quot;hot material & quot;.On Monday it said & #160;that fault had been repaired last week, but the need for further repairs had seen & #160;it shut down last weekend.Those repairs were to have been completed on Monday and the furnace restarted.But yesterday it said & #160;the blast furnace could not be restarted. & quot;Following stoppages over the weekend the company completed the required repairs to the Whyalla blast furnace, & quot; OneSteel said in the statement. & quot;But as of this morning has been unable to recommence operations due to difficulty in re-establishing connections between the blast furnace tap holes and tuyeres. & quot;The steel maker said OneSteel now expected it would take about four weeks to return the blast furnace to normal operating levels. & quot;At this time the company does not believe the interruption will have a material impact on its earnings for the second half of this financial year. & quot;The shares eased 5c to & #36;3.91 yesterday.  

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Possible shower.
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Min: 12°
Max: 19°
Shower or two.
 

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