Steel & Tube confident it can take on ‘challenging’ economic cycle

Steel & Tube holds its AGM (Image: Steel & Tube)

Fri, 29 Sep 2023

Steel & Tube says it’s well-positioned to take on the challenging economic cycle ahead in the 2024 financial year.The company told shareholders at its annual meeting on Friday that the recessionary environment would continue into the first half of its 2024 financial period but expected it to ease in the second half.Shareholders were told a healthy pipeline of infrastructure and commercial projects was in place, and manufacturing remained steady.Thanks to the firm’s “significant” exposure to climate resilience, infras...

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