Vulcan Steel Director Russell Chenu Increases Indirect Shareholding

Vulcan Steel Ltd. ( (AU:VSL) ) has issued an announcement.

Vulcan Steel has disclosed a change in the interests of non-executive director Russell Chenu, whose holdings in the company have increased via his superannuation vehicle. Barratta Super Pty Ltd, as trustee for the Barratta Super Fund in which Chenu is a beneficiary, acquired a total of 12,000 Vulcan Steel fully paid ordinary shares through on‑market trades over three days in late March 2026.

The purchases, totalling AU$67,560 in consideration, lifted Barratta Super’s stake from 93,496 to 105,496 Vulcan Steel shares, while Chenu’s direct holding remains unchanged at 1,667 shares. The transactions modestly increase Chenu’s overall exposure to Vulcan Steel equity, a development that may be interpreted by investors as a signal of confidence from a board member in the company’s prospects.

The most recent analyst rating on (AU:VSL) stock is a Hold with a A$5.50 price target. To see the full list of analyst forecasts on Vulcan Steel Ltd. stock, see the AU:VSL Stock Forecast page.

More about Vulcan Steel Ltd.

Vulcan Steel Limited is a New Zealand–incorporated company listed on the ASX, operating in the steel sector. The company is involved in the trading and distribution of steel products, serving industrial and commercial customers across its markets.

Average Trading Volume: 55,356

Technical Sentiment Signal: Sell

Current Market Cap: A$808.8M

Find detailed analytics on VSL stock on TipRanks’ Stock Analysis page.