“There’s been no change, [but] we remain open to all proposals that allow us to realize value for the business,” Archibald said regarding the company’s rejection of the takeover bid. 

Archibald indicated some of her priorities are higher shareholder returns, developing the extra land around BlueScope’s current operations and helping save money, the Wall Street Journal reported. The company is winding down multiple projects including an investment program and productivity program.

“It could well be that we sell some land. There may be other parts of the land that we joint venture. There may be some that we develop. So that’s what we’re working through at the moment,” Archibald added. 

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