Vulcan Steel (ASX: VSL) — Company Overview, News & Financial Data
Vulcan Steel is an Australian steel fabricator and distributor committed to high-quality services across various industries.

Vulcan Steel
Vulcan Steel is a metal distribution and processing company operating across Australia and New Zealand. Founded in 1995, the company supplies carbon steel, structural steel, stainless steel, engineering steel, aluminium, and metal coil products. Its processing capabilities include custom aluminium extrusion, plate cutting and profiling, coil slitting, cut-to-length processing, and structural steel drilling and coping. Vulcan Steel serves diverse industries including commercial and residential construction, manufacturing, engineering, transport, and agriculture through an extensive branch network supported by an in-house transport fleet for end-to-end logistics and delivery.
Snapshot
Operations
Products and/or services of Vulcan Steel
- Steel Distribution: Distribution of carbon and structural steel products, including beams, channels, merchant bar, and hollow sections. Operations encompass inventory management and logistics across nationwide branch networks in Australia and New Zealand, catering to construction and infrastructure sectors.
- Plate Processing: Precision flame, plasma, and laser cutting, bevelling, drilling, and profiling services for heavy steel and alloy plates. Operations process materials to customer specifications for heavy engineering, transport equipment, and structural manufacturing across Australasia.
- Custom Aluminium Extrusions: Manufacturing and distribution of custom aluminium extrusions produced at dedicated manufacturing facilities in Hamilton, New Zealand, and the Hunter Economic Zone in New South Wales, Australia. Products serve building systems, transport, and industrial fabrication applications.
- Coil Processing: In-house slitting, recoil, and cut-to-length processing services for steel, stainless steel, and aluminium coil products. Material is processed for roll-forming, roofing industries, cladding, and sheet metal manufacturing across regional distribution hubs.
- Stainless & Engineering Steels: Supply of specialized stainless steel sheet, plate, bar, and tube, alongside heat-treated engineering steels. Products provide corrosion resistance and high tensile strength for food processing, marine, chemical, and precision engineering sectors.
- Structural Processing: Structural steel processing services including high-speed drilling, beam coping, sawing, and marking. Processing facilities prepare structural steel members for direct assembly and erection in commercial building and infrastructure construction projects.
Vulcan Steel executive team
- Gavin William StreetMD, CEO & Director
- Kar Yue YeoChief Financial Officer
- Adrian CaseyCOO & Executive Director
- James WellsChief Information Officer
- Sarah-Jane LawsonCompany Secretary
Latest news about Vulcan Steel
Dividend history
Dividends per share paid by Vulcan Steel, by financial year.
| Financial year | Interim | Final | Special | Total |
|---|---|---|---|---|
| FY2027(to date) | NZ$0.0442 | — | — | NZ$0.0442 |
| FY2026 | NZ$0.0309 | — | — | NZ$0.0519 |
| FY2025 | NZ$0.0979 | NZ$0.0196 | — | NZ$0.1175 |
| FY2024 | NZ$0.2588 | NZ$0.1110 | — | NZ$0.3698 |
| FY2023 | NZ$0.3263 | NZ$0.2266 | — | NZ$0.8677 |
Key financials
Reported results for Vulcan Steel, in NZD.
- Market cap
- 841.1M
- Revenue (TTM)
- 1.2B
- P/E ratio
- 47.8
- EPS (diluted, TTM)
- 0.1
- Dividend yield
- 1.2%
- Profit margin
- 1.8%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| 1.2B | 71.1M | 21.7M | |
| 948.2M | 27.9M | 15.7M | |
| 1.1B | 99M | 40M | |
| 1.2B | 147.1M | 87.9M |