Steel & Tube shares fall to lowest level in 15 years

Thu, 02 Jun 2016

By Edwin Mitson June 2 (BusinessDesk) - Shares in Steel & Tube Holdings have fallen to their lowest level since the aftermath of the attacks on the World Trade Centre in New York on September 2001. A short while ago, they were down 5.2 percent, or 10 cents, to $1.84. The shares traded at $1.80 on Sep. 13 2001. In a statement published to the market last night, Steel & Tube said it was in talks with "multiple agencies" in New Zealand and China over pile casing that was to be used in bridges for the Huntly bypass that weren't up to scr...

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