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Stelco Holdings Inc STZHF


Primary Symbol: T.STLC

Stelco Holdings Inc. is a Canada-based integrated and independent steelmaker with advanced integrated steelmaking facilities in North America. The Company is engaged in the production and sale of steel products. The Company produces flat-rolled value-added steels, including coated, cold-rolled, and hot-rolled steel products, as well as pig iron and metallurgical coke. It also provides gauge, crown, and shape control, as well as uniform through-coil mechanical properties. The Company’s steel products are supplied to customers in the steel service center, construction, automotive, energy, appliance, and pipe and tube industries across Canada and the United States. It operates from two facilities: Lake Erie Works (LEW) near Nanticoke, Ontario and Hamilton Works (HW) in Hamilton, Ontario.


TSX:STLC - Post by User

Post by extremeriskon May 26, 2021 5:46pm
267 Views
Post# 33272619

Kestenbaum is taking control

Kestenbaum is taking control

With latest sale looks like kestenbaum is taking control of company.  Nicely played.  With steel futures holding strong well out into a year from now expect Stelco to generate crazy cash flow numbers for next few years. 

current stock price under 35 a share is a real steal here.  I suspect current share offering gets oversubscribed here.  

Haven't posted much on this board bit have held Stelco for about 2+ years now.  Plan to add here as cash flow generation potential is very strong now.  22 dollar a share ebitda for 2021 and likely more for 2022 given futures  

time to load up more!!

 

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