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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 fishcarrieron Dec 27, 2021 1:24pm
160 Views
Post# 34263986

RE:Fairfax Investments

RE:Fairfax InvestmentsI deeply appreciate all the comments here. For me, I hope to hang on to STLC shares for a little longer. In my opinion they will announce a considerable reduction in shares, and that alone will send values higher. This is the reason I don't think it will go lower than $37 a share for the time being. But I totally agree that the bloom is coming off the rose. For me, I do a lot of trading on dips and highs. STLC has been an excellent candidate for that because it is so volatile.

Thanks for your comments about RFP - looks like an attractive stock. I will follow it closely for a bit, then make a decision. I also like goeasy (GSY). With all the buying going on, this company has more assets underwritten than ever before. It trades at about $177 at the moment with a target of $200 as the low. Not going for any bitcoin or that sort of stuff. I'm older than Trump, older than Biden. I know so little...lol. Good luck in 2022 to all!
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