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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 fishcarrieron Jul 23, 2021 7:26pm
171 Views
Post# 33600048

Something interesting and indicative

Something interesting and indicativeHad a visit this afternoon from my sister and her husband. Brian is a retired employee of Stelco. He shared that he received $3000 from Stelco at the end of June, as a profit-sharing bonus. This, he thought, was the highest amount Stelco would pay out when there's a profit. Apparently this is a quarterly thing. I told him he might get another $3000 at the end of September. He also mentioned that the Cogen - the sharing in an electricity generating project -  is gaining steam at Nanticoke. 
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