Post by
extremerisk on Mar 11, 2022 6:28am
Q1 should be strong
Last q1 average HRC sale price was 941. This year is substantially higher and prices continue to move up rapidly. Stelco should be at an all time high now. As various months futures exceed $2000 now. Company should just complete their entire buyback as quickly as they can and I guess start another one. Not sure what plans they have for this cash windfall. Can also easily bump up the dividend which they didn't do at year end.