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Stelco Holdings Inc STZHF


Primary Symbol: T.STLC

Steel Steel
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

Stelco Holdings Inc
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Post by extremeriskon Feb 24, 2022 10:37am
163 Views
Post# 34457918

Buyback 100k a day

Buyback 100k a dayNew buyback starts feb 28 with only limit being company can buy back about 100k shares a day given TSX rules.  With 1 billion in cash burning a hole in their pocket that means at this price they can buy every day for a whole year or more.  Steel prices look like bottoming here so Stelco even better buy now than before.  Added more today
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