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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 Jan 07, 2022 2:06pm
207 Views
Post# 34293959

A lot of steel

A lot of steelI added a little to my  Stelco stock position at noon today .  I think 2022 will be a very good year for Stelco .  They are producing ONLY  625 thousand tons per quarter .   That works out to one Billion 250 million pounds per quarter or Five billion  pounds per year .  That works out to roughly 10 ounces of steel for every person  on earth .  Seems  like a whole bunch to me .  I sure wouldn't want to drop a 10 pound  Dumbbell on my toe   !     I find this Auction process  quite amusing  , but I  have  a lot confidence in  the Stelco Management .  






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