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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 > Tailwinds?
View:
Post by fishcarrier on Oct 30, 2021 10:34am

Tailwinds?

I just read this article about Cleveland Cliffs. Notice that they expect steel prices to rise in 2022. That's because all these bridges, fridges, electric and other cars will need many tons of steel. And with a 'tiny' 4.7 forward price multiple, this is an excellent stock to buy, says the author. How much more Stelco with a forward multiple of 1.9!! But rising steel prices? 

Cleveland Cliffs Stock Will Benefit From Recent Acquisitions and Rising Steel Prices

 
·3 min read
 
 
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