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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 Aug 19, 2021 1:19pm
132 Views
Post# 33731115

Bought More This Morning

Bought More This MorningI couldn't pass on buying more Stelco  this morning at 42 and change .  The value of my Stelco holdings is now about what I paid for my first home in 1980 .   It was my largest holding before this purchase . My second largest holding is Resolute Forest Products , Another major Fairfax holding .  My feeling  is that both Steel and Lumber will do well with infrastructure spending .   I saw Market Call on BNN a short While ago , and Mr. Burrows likes and owns Stelco .   On a Price to Earnings ratio ,both these companies are well below Dirt Cheap .  They both also now have minimal debt . What's not to Like ?  


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