Vulcan Steel Limited (VSL)

NZX-listed Materials company — share price, dividends, financials, board of directors and governance score.

Vulcan Steel Limited (NZX:VSL) last traded at $7.00 on 25 Sept 2026, a market capitalisation of $998M NZD, a board of 7 directors chaired by Rhys Jones and a Governance Risk Score of 72/100.

Vulcan Steel is Australasia's leading independent distributor and processor of steel and metals, serving construction, manufacturing, and mining sectors.

Share price
$7.00+4.32%
Market cap
$998MNZD
P/E ratio
105.0
Dividend yield
0.48%
Governance score
72/100Very Good
Board size
743% independent
Last dividend
3.00cFY2026

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Vulcan Steel Limited board of directors

7 current directors, 43% independent, average tenure 1.2 years.

DirectorRoleIndependentAppointedTenureCommittees
Rhys JonesChairNo20250.9 yrsAudit & Risk Committee, Remuneration Committee
Carolyn Mary SteeleIndependent DirectorYes20251.0 yrsAudit & Risk Committee (Chair), Remuneration Committee
Adrian CaseyExecutive DirectorNo20250.9 yrsAudit & Risk Committee, Remuneration Committee (Chair)
Nicola Jean GreerIndependent DirectorYes20232.9 yrsAudit & Risk Committee (Chair), Remuneration Committee
Gavin StreetIndependent DirectorNo20260.7 yrs—
Bart de HaanIndependent DirectorYes20251.0 yrsAudit & Risk Committee, Remuneration Committee (Chair)
Russell ChenuIndependent DirectorNo20251.0 yrsAudit & Risk Committee, Remuneration Committee

VSL governance score breakdown

Vulcan Steel Limited scores 72/100 (Very Good) on the NZXplorer Governance Risk Score for FY2026, based on 73% data coverage. See the GRS methodology.

Board structure
16/25
Shareholder rights
20/20
Executive remuneration
2/10

VSL dividends

The most recent Vulcan Steel Limited dividend on record is 3.00 cents per share, for FY2026 (interim).

Vulcan Steel Limited largest shareholders

Top 1 registered holders of VSL as disclosed for FY2025. Registry holdings include custodians and nominees, which may hold on behalf of many underlying investors.

#HolderHolding
1Top 20 largest shareholders combined0.87%

Recent VSL NZX announcements

The 10 most recent filings by Vulcan Steel Limited to the NZX.

Materials companies on the NZX

Compare Vulcan Steel Limited with other NZX-listed materials companies.

All NZX Materials companies · All 131 NZX-listed companies