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steel
Commodities
US steel industry leaders have high hopes for revival in 2025
The US steel industry has been dominated this year by Nippon Steel’s proposed takeover of United States Steel.
September 01, 2024
China Focus
China puts brakes on new steel mills with industry in crisis
China has stopped giving approvals for new steel mills amidst an oversupply.
August 23, 2024
Broker's Calls
UOB Kay Hian, citing near and long term growth, raises BRC Asia's target price to $2.42
Long term growth is underpinned by mega projects such as Changi Airport's Terminal 5, Tuas Port and the Cross Island MRT line
April 16, 2024
Results
BRC Asia 1HFY2023 earnings down 34% y-o-y on lower sales and margin
'BRC remains an integral part of Singapore's construction sector,' says CEO Seah Kiin Peng
May 10, 2023
Results
BRC Asia reports record earnings of $90.2 million for FY2022, 12 cents worth of dividends heading shareholders' way
As at Sep 30, the company has built an order book of $1.4 billion
November 29, 2022
Broker's Calls
PhillipCapital keeps BRC Asia at 'buy' on recovery of construction demand
BRC Asia’a order book from construction is up slightly to $1.135 billion for 3QFY2022 from $1 billion
August 09, 2022
Results
BRC Asia doubles 3QFY2022 earnings, sees support from public sector projects
As of June 30, the company’s order book has reached some $1.135 billion
August 02, 2022
Results
BRC Asia FY2021 earnings up 131% to $45 mil, declares final and special dividend of 8 cents
The company will be paying a total dividend of 12 cents per share for FY2021
November 29, 2021
Commodities
Iron ore's brutal collapse below US$100 flags more trouble ahead
Iron ore futures plunged more than 20% this week
September 19, 2021
Deals, joint ventures & alliances
Hong Leong Asia to pay $68.1 mil to bring stake in BRC Asia to 20%
HLA will subscribe for a placement at $1.48 each and also buy shares from existing BRC shareholders
August 28, 2021