Brief: Steel & Tube Holdings Says Trading Through July And August Has Been Steady Across Most Sectors

Steel & Tube Holdings

29/09/2022 21:32

Sept 30 (Reuters) - Steel & Tube Holdings Ltd  STU.NZ :
    * FY23 TRADING THROUGH JULY AND AUGUST HAS BEEN STEADY
ACROSS MOST
SECTORS
    * STEEL PRICING IS EXPECTED TO REMAIN ELEVATED IN NEAR TERM
    * IN FY23, FOR 34 DAYS TO 17 AUG, REVENUE WAS UP 15% WHILE
VOLUMES
REMAINED AT SAME LEVEL AS LAST YEAR
    * CUSTOMER ACTIVITY ANTICIPATED TO BE STEADY ALTHOUGH SOME
SECTORS
WILL MODERATE OFF RECENT HIGH DEMAND LEVELS

Further company coverage:  STU.NZ 
 ((Reuters.Briefs@thomsonreuters.com;))