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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 forkliftguyon Jun 29, 2021 4:59pm
206 Views
Post# 33467894

What I would like

What I would likeWhat I would like to see with Stelco going forward  In Order , 1)   Get an NYSE listing .  That way analysts in the U.S. will compare it to Nucor and others .   2)   Sell off the excess Real Estate that they have been talking about ,  3 )  Use excess cash flow and the funds from the Real Estate sale , to make an accretive aquisition . ( Do not take on debt )  , 4)  Standardize a 5% to  6%  dividend yield ,  5) Pay off any existing debt .  All the above will appeal to growth investors , Value investors ,  and Yield seeking investors . and seems doable  .  Stelco continues to be my largest holding , so I am more than interested in what they do.   "  Just one Retired Salesman's opinion " . 


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