Primer: Union Steel (USH SP) - Aug 2026
Deep Value Proposition: Union Steel trades at a significant valuation discount to its peers across key metrics (P/E, P/B, EV/Sales), presenting...
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Union Steel (USH SP)
Union Steel (USH SP)
11
Analysis
Materials • Singapore
Union Steel is a multi-business investment holding company primarily engaged in metals, scaffolding, and engineering. Its activities include recycling and trading of ferrous and non-ferrous scrap metals, steel leasing, and the supply of construction steel. The company also provides scaffolding services and a range of engineering services, including marine deck equipment. Union Steel was founded in 1984 and is headquartered in Singapore.
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