Steel & Tube rides out tough half

Feb 20, 2024 | Latest News

Steel & Tube Holdings has reported lower revenue and earnings for its December half-year, with subdued volumes seen across all sectors with economic headwinds continuing the trends seen in 2H23. Volumes were down 5.1% on 2H23.  Revenue fell 17% to $261.75m, and statutory net profit came down 54.8% to $5.35m. Gross margin $/tonne continued to […]

 


 

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