July 14 (Reuters) - BlueScope Steel Ltd BSL.AX :
* Earnings update BSL.AX
* Bluescope expects full year underlying EBIT lift to $570M
* Net debt reduced by approximately $600M"
* Says preliminary unaudited net debt at 30 June 2016 is expected to be around $780 million
* Says underlying EBIT in the second half is expected to be around $340 million
* Source text for Eikon ID:nASX3SdkzV
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