Vulcan Steel Limited

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Vulcan was founded in 1995 by Peter Wells with a clear vision – to become the most customer focussed and efficient metals distributor in Australasia, by delivering superior service we have grown consistently ever since. We began by distributing carbon steel and steadily widened our portfolio to include plate processing, coil processing, stainless steel and engineering steels. Today the diversity of products we offer and the geographic spread of our operations means Vulcan has become a key supplier to the Australasian economy. We have 29 warehousing, manufacturing, and processing facilities throughout Australia and New Zealand, employing over 800 staff, across five business divisions. We have achieved this exceptional coverage by a combination of organic growth and acquiring existing businesses. To ensure the company continues to succeed in the future we will continue to focus on improving the things that really matter – inventory, quality, people, and of course service. We have the management team, the motivated workforce, the infrastructure, and the ambition to keep at the forefront of the steel industry for the next 25 years and beyond.


Vulcan provides update on trading and earnings guidance for FY23
VSL - UBS rates the stock as Buy