Steel & Tube Holdings Limited
Steel & Tube Holdings Limited is a distributor of steel and allied products. The Company’s distribution business consists of Steel Distribution, Stainless Steel, Fastening Systems, Piping Systems and Industrial Products. The Company operates in three main segments: construction, manufacturing and the rural sector. Steel & Tube Reinforcing supplied 2,500 tons of reinforcing steel for the 62 turbines located at the wind farm in Makara, Wellington. Steel & Tube supplied the ST900 and Euroline color steel roofing profiles, purlins and steel to the Library and Arts Centre Building at Pukekohe. Steel & Tube Stainless supplied Hygienic-Grade tube and fittings, structural bar and fasteners to Site Installation Services for the Indevin Winery in Hastings.
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Wall Street closed weaker on Friday with fluctuations that has become a standard in recent weeks and further turmoil overseas is likely to prompt fresh slides for Australia markets. Last Friday the Australia benchmark S&P/ASX 200 index lost 42.6 points, or 1.1%, to 3970.8, after rising as much as 3.4% in the morning. The broader All Ordinaries lost 43.3 points, or 1.1% to 3944.8.
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