High steel prices could hit construction industry

ON its own, the global steel price rally in recent months may not have much impact on the profit margins of those in the built environment sector. But it is another significant headwind that they...

Kori aims to stay steely in face of rising material cost, labour strain

LABOUR crunches and spiking steel prices are among the challenges facing specialist builder Kori Holdings this year.

BRC Asia still keen on China expansion

THE Covid-19 pandemic has dealt a blow to the construction sector, leading BRC Asia to put its internationalisation plans on the back burner. Nevertheless, the mainboard-listed steel dealer says...

BRC Asia's full-year net profit down 36% amid Covid-19 disruptions

MAINBOARD-LISTED steel dealer BRC Asia's full-year net profit fell 35.5 per cent to S$20.4 million, from S$31.6 million a year earlier, amid disruptions due to Covid-19.