Bullboard - Stock Discussion Forum 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... see more

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Stelco Holdings Inc > Stelco "criminally undervalued"

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Post by fishcarrier on Jun 29, 2021 11:40am

Stelco "criminally undervalued"

Listen to Gordon Johnston on BNN. Says that steel prices are going up more for longer. Loves all steel companies.

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Comment by fishcarrier on Jun 29, 2021 12:24pm

Ignore my erroneous post. Here's the story: Steel-mageddon' to hit steel? We expect steel prices to stay higher for longer: Analyst Gordon Johnson, CEO of GLJ Research, explains why the aggressive fiscal stimulus is driving many commodities higher - including steel - and expects U.S. Steel and Cleveland-Cliffs to be "real winners" of the bull run. If you can ...more

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Comment by Blueswin on Jun 29, 2021 12:49pm

That was very helpful & insightful1 It seems the main thing going to move the stock price is the Q releases that reveal how much money is being made. I think another advantage Steloc has is little to no debt.

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Comment by Blueswin on Jun 29, 2021 1:24pm

One other thing that was mentioned is that Steloc is one of the best companies that is able to sell on the spot price. There plan not to hedge (which they got burnt on in the 4th Q) sure seems brillent now!

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