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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 > Analyst Recommendation
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Post by retiredcfon Jun 04, 2021 8:00am
182 Views
Post# 33328269

Analyst Recommendation

Analyst RecommendationA bit unusual as he spends the first part of the discussion throwing out some negative comments but then reverses position and says that it's an ideal company to own for the next 12 - 18 months because of the high steel prices. GLTA

https://www.bnnbloomberg.ca/video/brian-madden-discusses-stelco~2214917

SPECULATIVE BUY
 
Stelco Inc
(STE-T)
June 3, 2021
 
A trade, not a long-term hold. Steel is wildly cyclical. Has gone bankrupt at least twice and finds ways to get into trouble pretty reliably. Steel prices are very high right now, so you're looking at a maximum of 1-1.5 years of good times.
 
STEEL
Brian Madden 
 
Price
$33.49
Owned
No
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