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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 extremeriskon Jan 04, 2022 2:43pm
94 Views
Post# 34282615

RE:RE:I wonder what they paid for this 40% owenership

RE:RE:I wonder what they paid for this 40% owenership

As a fellow CA but not retired I do really like Stelco.  Buying Ticats is small investment.  Builds brand and goodwill.  Steel prices are still holding from what I can see.  Today Stelco down but all American steels are up.  

I am holding and if we get another crazy down day will buy more.  Today I decided to buy more cineplex as government shutdown does seem to scare some shareholders.  We are near the end of pandemic.  No one is dieing and we are measuring everyone who has a common cold now.  We do have inflation so how can steel prices go down any further.  It's never happened during inflation.

kestenbaum is sharp operator and sticking with him

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