Steel & Tube Holdings Limited has released a trading update ahead of their Annual Shareholders' Meeting, revealing that revenue was up 15% while volumes remained the same compared to the same period last year.
Despite economic volatility, the company is well-positioned to deliver and steel pricing is expected to stay elevated in the short term.
Customer activity is anticipated to remain steady, though some sectors are already showing moderation.
The company will discuss its progress and growth strategy at the Meeting today.
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