BRITISH Steel, which once made the Guinness Book of Records for its losses under state control, is expected to start the week on Monday with record profits of more than £1 billion sterling for the year to March 31st. The industry was at the top of its cycle and broker BZW is looking for a 2p jump in the dividend total to 9.5p. With a bulging year end bank balance of more than £500 million, according to UBS, analysts will be looking out for a possible share buy back.