Tree Island Steel Ltd. (TWIRF)
Tree Island Steel Ltd. operates in the Steel industry of the Basic Materials sector, headquartered in Richmond, BC, CA. The stock last traded at $1.57, up 0.00% on the session, giving a market capitalisation of $40.6M. On trailing twelve-month figures it carries a trailing P/E of -9.04, a net margin of -4.2%. Its beta of 0.42 implies it has historically moved less than the broad market.
Based in Richmond, Canada, Tree Island Steel Ltd. was founded in 1964 and serves as a manufacturer and global supplier of steel wire and an extensive array of fabricated steel wire products. The company caters to a wide range of sectors, including industrial, construction, agricultural, and specialized applications, with its products distributed across Canada, the United States, and international markets. Its diverse product portfolio addresses specific industry demands: Industrial offerings include pulp and unitizing wire, recycling wire, chain link wire, upholstery wire, low carbon and shaped wires, as well as straight and cut steel bars and wirelines crucial for the oil industry. For the residential market, the company supplies bulk and collated nails, various packaged nails and fasteners, packaged and bulk screws, innovative nail head identification systems, a variety of woven and welded wires, and complementary corners and accessories. Commercial clients are provided with solutions such as reinforcing mesh, pipe mesh, flexicage systems, Rebar tie wire, advanced engineered structural mesh, concrete reinforcing wires, and mine mesh products. The agricultural sector benefits from a comprehensive selection of items like agricultural wire, rolled fencing, fence panels, and essential fence staples and stays. These quality products are marketed under several recognized brand names, including Tree Island, Halsteel, True Spec, K-Lath, Stucco-Rite, TI Wire, Tough Strand, and ToughPanel. The company adopted its current name, Tree Island Steel Ltd., in October 2012, having previously operated as Tree Island Wire Income Fund.
Tree Island Steel Ltd. is most often compared with the following Basic Materials names: