Capital Signal

Vulcan Steel Limited (ASX: VSL)

Sector: Materials

Market cap: A$813M (as of 2 Nov 2026)

Metals distribution and processing

Data as of 2 Nov 2026.

Recent capital raises

DateTypeAmountPriceDiscountSource
22 Sept 2025Rights issue$27.784M$5.95—Filing ↗
16 Sept 2025Rights issue$87.1M$5.95—Filing ↗

Substantial holders — latest moves

DateHolderMoveHoldingSource
26 Mar 2026New Zealand Superannuation Fund Nominees Limited as nominee for the New Zealand Superannuation Fund being property of His Majesty the King in right of New Zealand and managed by the Guardians of New Zealand SuperannuationExit5.650% → 4.917%Filing ↗
15 Jan 2026New Zealand Superannuation Fund Nominees LimitedDecrease6.688% → 5.650%Filing ↗
2 Oct 2025Mayoral Trust Limited as trustee of the Vulcan Continuity Trust (VCT)Exit5.515% → 4.970%Filing ↗
22 Sept 2025Partitio Trustee Limited as trustee of the Aoraki Partnership TrustExit5.558% → 4.988%Filing ↗
8 Sept 2025New Zealand Superannuation Fund Nominees Limited as nominee for the New Zealand Superannuation FundIncrease5.143% → 6.688%Filing ↗

Director trades — on-market

DateDirectorTradeSource
15 Sept 2026Russell Langtry CHENUBought 2,500 ordinary sharesFiling ↗
11 Sept 2026Russell Langtry CHENUBought 7,487 ordinary sharesFiling ↗
10 Sept 2026Russell Langtry CHENUBought 13 ordinary sharesFiling ↗
9 Sept 2026Russell Langtry CHENUBought 5,000 ordinary sharesFiling ↗
2 Sept 2026Rhys JonesSold 120,000Filing ↗

Ask about VSL in Claude or ChatGPT

Add the Capital Signal connector at https://capitalsignal.io/api/mcp, then ask:

  • Has VSL raised money in the last year, and at what discount?
  • What was VSL's latest cash position and runway?

Setup guide for Claude, ChatGPT and other MCP clients →

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Vulcan Steel Limited (ASX: VSL): capital raises, holders, director trades | Capital Signal