Australia's BlueScope Steel hits over two-month high on revised EBIT outlook

** Shares of Australia's BlueScope Steel BSL.AX gain as much as 6% to A$34.300, their biggest intraday gain since January 15

** Stock touches its highest level since August 11

** The steelmaker upgrades its first-half underlying EBIT up to A$1.1 billion ($772.42 million) from previous guidance range of A$860 to A$960 million

** Company adds the North America region is now expected to deliver a first-half fiscal year 2027 result around two-thirds higher than H2 FY26

** BSL stock up 45.3%, YTD

($1 = 1.4241 Australian dollars)