Bluescope Steel has reported a $2.8 billion net profit after tax in the year to June, up 135% on the year before.
The company said it worked hard to improve service levels which were impacted by supply chain and pandemic-related disruptions.
"We saw continued strong demand for our steel products and solutions despite recent macroeconomic and geopolitical volatility," said Managing Director and CEO Mark Vassella.
Bluescope Steel?s shares were up 5% following the announcement.