V

Vulcan

Metals distributor offering wide steel range

HC + Storeperson

Full-TimePosted on 10/19/2026
No salary listed
Entry
Dandenong, Australia
In Person
Vehicle Operation & DeliveryTruck & Heavy Vehicle Driving

About the job

Requirements
  • Work from 5 a.m. to 1 p.m., Monday to Friday.
  • Hold a valid Heavy Combination (HC) licence.
  • Have experience securing loads with straps and chains in accordance with current load-restraint regulations.
  • Complete a pre-employment drug screen if selected.
Responsibilities
  • Deliver orders on a multi-drop run.
  • Assess the safety and suitability of a load before leaving the site.
  • Ensure the load is correctly restrained before leaving base and at every subsequent stop.
  • Identify incorrect or non-conforming items loaded.
  • Provide customer service to customers.
Desired Qualifications
  • Previous steel industry experience is desired but not essential.

About the company

V

Vulcan

View
Website

Vulcan Steel is a leading metals distributor across Australia and New Zealand, offering a broad range of steel and metal products such as carbon steel, stainless steel, plate and coil processing, engineering steels, and aluminium. The company operates through over 70 branches and 1,400+ employees, stocking and delivering inventory with strong traceability to meet customer needs. Its products and services are delivered via a logistics network and a quick-decision culture, ensuring reliable, on-time delivery. Vulcan differentiates itself with a flat, non-hierarchical culture that empowers employees to act quickly, a wide branch network, and a proven track record of high DIFOT scores. The company aims to be the go-to metals distributor in Australia and New Zealand by providing dependable service and quality products, pursuing growth through organic expansion and acquisitions.

Company Size

201-500

Company Stage

Post IPO Equity

Headquarters

Howick, New Zealand

Founded

1995

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Simplify's Take

What believers are saying

  • FY26 EBITDA rose 18.6% to NZ$129.3 million despite integration costs.
  • Operating cash flow hit NZ$73.0 million, supporting debt reduction and dividends.
  • RBC kept Hold on July 31, 2026, while management reported second-half momentum.

What critics are saying

  • Steel demand stays cyclical; FY26 profits still tracked commodity pricing and volume swings.
  • Director Rhys Jones sold 120,000 shares on September 2, 2026, signaling caution.
  • A failed integration leaves Vulcan Steel overlevered and vulnerable to a downturn.

What makes Vulcan unique

  • Roofing Industries gave Vulcan Steel 15 nationwide rollforming sites and roofing cladding exposure.
  • FY26 revenue reached NZ$1.159 billion, with Roofing Industries adding NZ$135.1 million.
  • Vulcan Steel keeps both structural steel and roofing under one distribution network.

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Benefits

  • Parental Leave
  • Employee Assistance Programme
  • Training Programs

Company News

Grafa
Aug 25th, 2026
Vulcan Steel reports NZ$129.3 million annual EBITDA.

Vulcan Steel reports NZ$129.3 million annual EBITDA. * Vulcan Steel recorded a 19% increase in reported EBITDA to NZ$129.3 million alongside year-on-year underlying volume growth. * The company declared a total FY26 dividend of 7 NZ cents per share while reducing net bank debt. * Growth was driven by strong rollforming acquisition integration and expanded hybrid site network operations. Vulcan Steel (ASX:VSL) announced its financial results for the year ended June 30, delivering an operating cash flow of NZ$73 million alongside reported earnings per share of NZ 14.4 cents. The performance follows previous underlying volume declines, marking the first year-on-year volume expansion for the business since FY22. Reported EBITDA for the period was of NZ$129.3 million, up 19% from NZ$109 million in FY25. "Customer service remained a priority, with delivered in full, on time performance maintained at 98%. Net bank debt reduced by NZ$5.1 million to NZ$227.3 million at the end of FY26 from NZ$232.4 million at the end of FY25," said Vulcan Steel Managing Director and CEO Gavin Street. The acquired rollforming division contributed nine months of trading ahead of expectations, while net bank debt was reduced by NZ$5.1 million to finish at NZ$227.3 million. Operational expansion saw the business open one new greenfield site in Toowoomba, Queensland, and convert four existing locations into hybrid operating sites. Following the announcement, the Vulcan Steel share price was down at $5.25. The Australasian distributor operates industrial site networks to supply metals and value-added steel processing services across regional markets. Frequently asked questions. VSL signals

FilingReader
Aug 24th, 2026
Vulcan posts strong FY26 revenue growth on acquisitions.

Vulcan posts strong FY26 revenue growth on acquisitions. August 24, 2026 at 09:29 PM UTC - By FilingReader AI Vulcan Steel Limited reported a 22.2% increase in revenue to NZ$1,158.8m for the financial year ended 30 June 2026, driven by a nine-month contribution from its newly acquired rollforming division, Roofing Industries. Adjusted EBITDA rose 16.2% to NZ$130.3m, while statutory net profit after tax attributable to shareholders increased 31.2% to NZ$20.7m. The integration of Roofing Industries added NZ$135.1m in revenue and 15 nationwide rollforming sites. Operating cash flow reached NZ$73.0m, while net debt slightly improved to NZ$227.3m. The board declared a final fully imputed and franked dividend of 4.5 NZ cents per share, bringing the total FY26 payout to 7.0 NZ cents per share. This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact [email protected] Primary source document.

Business Insider
Jul 31st, 2026
RBC Capital reaffirms their Hold rating on Vulcan Steel Ltd. (VSL).

RBC Capital reaffirms their Hold rating on Vulcan Steel Ltd. (VSL). Jul. 31, 2026, 07:45 PM RBC Capital analyst Owen Birrell maintained a Hold rating on Vulcan Steel Ltd. yesterday and set a price target of A$5.25. * Unlock powerful investing tools with TipRanks Premium to make smarter, more confident investment decisions * Subscribe to TipRanks Smart Investor Newsletter, and discover new investing opportunities with data-backed stock picks According to TipRanks, Birrell is a 4-star analyst with an average return of 8.1% and a 57.07% success rate. Birrell covers the Industrials sector, focusing on stocks such as Brambles, Aurizon Holdings, and Virgin Australia Holdings Limited. Vulcan Steel Ltd. has an analyst consensus of Hold, with a price target consensus of A$5.25. Based on Vulcan Steel Ltd.'s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of A$552.4 million and a net profit of A$8.55 million. In comparison, last year the company earned a revenue of A$492.99 million and had a net profit of A$9.18 million Sponsored Financial Content

The Business Journals
Apr 3rd, 2026
Vulcan manufacturing startup secures $430M from 32 investors for North Carolina plant creating 1,000 jobs

Vulcan, a manufacturing startup building a factory in Benson, North Carolina, has closed on $430 million in financing from 32 investors. The Johnston County plant is expected to create 1,000 jobs once operational. The company did not disclose additional details about the investors or timeline for the facility.

Business News
Dec 3rd, 2025
At Close of Business podcast December 3 2025

At close of business podcast december 3 2025. Tom Zaunmayr and Sam Jones discuss how WA's biggest firms are fuelling growth within the state's tech sector. Tom Zaunmayr and Sam Jones discuss how WA's biggest firms are fuelling growth within the state's tech sector. Plus: Rinehart-backed Vulcan secures $3.9bn financing haul; Perth backs axing workplace review; Master Builders appoints new WA president.