Nov 19 (Reuters) - BlueScope Steel Ltd BSL.AX :
* EXPECTS UNDERLYING EARNINGS BEFORE INTEREST AND TAX (EBIT) OF AROUND $475 MILLION FOR 1H FY2021
* AUSTRALIAN STEEL PRODUCTS IS EXPECTED TO DELIVER A SUBSTANTIALLY BETTER H1 RESULT THAN 2H FY2020
* SEE AUSTRALIAN CONSTRUCTION & MANUFACTURING ACTIVITY TO REMAIN STRONG, DRIVING ELEVATED DOMESTIC STEEL DESPATCHES FOR BALANCE OF 1H
* IN ASEAN, NOW EXPECT 1H FY2021 UNDERLYING EBIT TO BE AT LEAST DOUBLE THAT OF 2H FY2020
* FOR HY, NORTH AMERICA BUSINESS IS ON TRACK TO DELIVER A PERFORMANCE SIMILAR TO 2H FY2020
* FOR US, 1H FY2021 UNDERLYING EBIT IS EXPECTED TO BE LOWER THAN 2H FY2020
* FOR HY, EXPECT CHINA TO DELIVER A SIMILAR PERFORMANCE TO 1H FY2020 ON FAVOURABLE SEASONALITY