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Infrastructure

Facing the future at NZ Steel

Gavin Evans
Sat, 31 Oct 2020

Facing the future at NZ Steel
Gavin Evans
Sat, 31 Oct 2020
New Zealand Steel is enjoying a strong rebound in post-covid demand while in the midst of its second strategic review in five years.Big infrastructure projects are boosting construction with the firm’s reinforcing and steel plate. Home construction is strong and chief executive Gretta Stephens suspects money that might have been spent on travel is going into new roofs, using the firm’s Colorsteel and Axxis framing.Delays getting imported steel into the country may also be helping, she said. People tend to take domestic supply for gr...

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