Steel & Tube in talks with 'multiple agencies' over Huntly Bypass pile casings
By Paul McBeth June 1 (BusinessDesk) - Steel & Tube Holdings is in talks with "multiple agencies" in New Zealand and China over pile casings used in the Huntly bypass bridges that weren't up to scratch. The Petone-based company supplied imported steel used by Fulton Hogan...
Brilliance Steel allowed to sell steel mesh again under new testing regime
By Paul McBeth June 1 (BusinessDesk) - Brilliance Steel, one of three companies involved in a Commerce Commission investigation into testing of ductile steel products, has reached an interim agreement with the regulator to resume sales provided the products pass independent te...
NZ terms of trade rise 4.4% in March quarter on cheap imported petrol
By Paul McBeth June 1 (BusinessDesk) - New Zealand's terms of trade unexpectedly rose in the first three months of the year as cheap petrol pushed down import prices while export prices were little changed. The merchandise goods terms of trade, which measures the purchasin...
Fronde returns to profit on pretax basis after last year's restructure
By Paul McBeth June 1 (BusinessDesk) - Fronde Systems Group, which provides IT services to businesses, returned to profit on a pretax basis after overhauling the business to cut costs in the face of falling revenue. The Wellington-based company reported a pretax profit of...
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