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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 Dec 10, 2021 2:08pm
135 Views
Post# 34219531

I don't get it

I don't get it Maybe I am getting too old .   People are buying cryptocurrencies ,( which in my opinion aren't worth anything   -  I agree with Jamie Diamond of J.P. Morgan on that )  ,    Pot Stocks and High Tech stocks trading at a thousand times earnings .  With Steel still trading above 1500 U.S. a ton , Stelco is making a boat load of money ( no, Make that a Ship  load ) .  They are trading at less than 2 times earnings  .  There  is  going to be increased home building  ( according to Jim Cramer )   ,  electric cars manufacturing   ( according to the U.S. and Canadian governments  )  and bridge repairs  ( I could add lots more )  going forward . I think there will be extremely good news coming from Stelco over the next couple of years .  As I said  " I DON'T GET IT   "  .  Just one retired salesman's opinion .



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