Steel & Tube Holdings provided earnings guidance for the year ending June 30, 2018. The company expects to post a loss for the year 2018. The company expects to post a loss before earnings and tax of about $38 million in the year ending June 30, 2018 from positive ebit of $31.1 million a year earlier. It had previously forecast ebit would be consistent with the prior year, excluding non-trading costs. It said normalised ebit would be about $16 million, excluding non-trading costs and impairments of up to $54 million.