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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

Comment by marsman1on Dec 24, 2021 3:57pm
101 Views
Post# 34261604

RE:RE:issuer bid

RE:RE:issuer bid
Lots of interesting theories here .  The lawyers have done there work so as to protect Alan if anything goes really wrong . I have no problem with that because he is doing whats right for him and I can buy or sell at any time. The bottom line for me is the price of steel , which is going down  ,  the company sales , which we don't know because they do not give guiedance , and the price they are getting , which  has been pointed out , does not match the spot prices. That seems very negative but there are also some very good positives which are pointed out on this board. So with thousands of stocks to choose from , I sold with a huge profit a while ago , and I will gladly buy back stock when I feel the price is right. Right now that looks like around $33 but its always a moving target based on many variables . IMO .  Happy hollidays to all.
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