Stelco Holdings Inc STZHF

Primary Symbol: T.STLC

Steel Steel

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

Stelco Holdings Inc > Well, that worked out pretty good

<< Previous

Bullboard Posts

Next >>

Comment by extremeriskon Jun 02, 2021 10:07am

96 Views

Post# 33310137

RE:Well, that worked out pretty good

Trying to time this is tricky. Like Nucor did Stelco can easily do a major stock buyback anytime. $22 a share in ebitda and stock trades 33-34 is 1 1/2 times ebitda

I plan to just add on down days with stelco. It's easily the cheapest steel out there

<< Previous

Bullboard Posts

Next >>

Victoria Gold: No cyanide detected downstream since mine incident