RE:RE:RE:EPS Estimates & Prices Realized I tend to agree with marsman that our steel price should be higher. 93% of Stelco steel is either coated or hot-rolled. I don't know how that compares with other steel companies, but I think favourably. I think it could be pretty close to that $2000 Canadian, or all of 1600 US.
I just took a quick look at US Steel, and their numbers should be higher. If they sold 4.1 million tons and earned 6 billion, that's approaching 1500 per ton - is my math right?
I am hoping STLC will earn over $8 per share. How the taxes shake out and how the adjusted will work out, I do not know. As to Q 4, I expect less - not more. Steel prices are now declining. They kept going up for almost the entire Q. 3.