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.

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Stelco Holdings Inc > David Burrows

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Comment by fishcarrieron Aug 19, 2021 2:13pm

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Post# 33732931

RE:David Burrows

I subscribe to Thompson-Reuters who use refinitiv. They say Q1 1.75; Q2 4.28, Q3 est. 6.75; Q4 est 6.86, and for the full year est $20.16. The 4 quarters don't quite add to $20.16. The thing is, they still show Stelco with a market cap of 4.2 B. So these projections may be based on all 88 million shares.

I just think today is a gross market exaggeration. Bought all I could today, and hope to hold all I've got.

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