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Bullboard - Stock Discussion Forum 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... see more

TSX:STLC - Post Discussion

Stelco Holdings Inc > Where is the Q2 update! They should have something ready to
View:
Post by drunk@noon on Jul 06, 2021 11:22am

Where is the Q2 update! They should have something ready to

go, pointing  out the mind-numbing numbers in the $1500US  plus steel enviornment. 
I realize financails won;'t be out for 5 weeks. But you should have some sort of PR outlining the finaicial metrics the company is generating as well as an outlook at the forward HRC curve.
Comment by fishcarrier on Jul 06, 2021 2:08pm
Well, you see the $1500 US. Compare that to the previous numbers. That's for hot rolled, the main sales. Outlook for (this) next quarter is much rosier yet, with hot rolled at around $1800 US. Just be patient. I suggest you don't sell this stock quite yet. Just my thinking.  Stock is cheap today. GLTA. 
Comment by Blueswin on Jul 06, 2021 2:46pm
Great points about the upcoming quarters. They sell about 3 months out so today they are probably taking orders for Sept/Oct.which is all higher than $1750 US. Also the CEO thinks the stock price should be double where it is today & they spoke in great detail after the last quarter in doing big things like buy back a large amount of shares maybe up to 50% in the coming quarters to help the ...more  
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