Vulcan Steel says its been a year of ‘challenge and opportunity’

Vulcan’s NZ volumes in October were “adversely impacted” by the general election. (Image: Vulcan)

Wed, 08 Nov 2023

Dual-listed steel and metal distributor Vulcan Steel said at its annual meeting on Wednesday that election uncertainty reduced its business during October.Chief executive and managing director Rhys Jones told shareholders that Vulcan’s New Zealand volumes in October were “adversely impacted” by the general election.Talking to BusinessDesk after the AGM, Jones said October had been “a bit of an anomaly” – but it wasn’t the first time election uncertainty had hit the distributor’s business.“On...

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