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Bullboard - Stock Discussion Forum
Stelco Holdings Inc
T.STLC
Alternate Symbol(s):
STZHF
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.
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Bullboard (TSX:STLC)
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•••
Jon Brown
X
Post by
Jon Brown
on Sep 26, 2023 4:22pm
@ the Bell: TSX joins North American markets in the red
Canada’s main stock index closed lower on Tuesday, as U.S. Treasury yields reached multi-year highs on bets interest rates stay elevated.
read article.
•••
Jon Brown
X
Post by
Jon Brown
on Sep 25, 2023 4:14pm
@ the Bell: TSX tries to avoid five-day losing streak
The TSX extended or broke its losing steak to five days, weighed down by material stocks as metals prices struggled against a stronger dollar
read article.
(88)
•••
wheelsonthebuss
X
Post by
wheelsonthebuss
on Sep 23, 2023 7:43am
Two things I hope for !-))
1.) Stelco goes on strike = oppertunity to get cheap shares as they fall. 2.) Stelco buys USS Steel and then bankrupts the company as USS did in Canada when they bought Stelco and the Canadian
...more
(1204)
•••
Possibleidiot01
X
Post by
Possibleidiot01
on Sep 22, 2023 7:15am
U.S. Steel
From BNN, Retail investors last to hear? Canada's Stelco Holdings is said to weigh bid for U.S. Steel Joe Deaux and Kiel Porter, Bloomberg News
...more
•••
Jon Brown
X
Post by
Jon Brown
on Sep 21, 2023 9:00am
Buzz on the Bullboards: Cooler days means hotter markets
Fall officially starts this weekend and with it comes the annual rush of business activity, you need look no further than our own Bullboards.
read article.
(542)
•••
nedstar71
X
Comment by
nedstar71
on Sep 15, 2023 11:18pm
RE:RE:What happened?
That would be a great entry fueled by a temporary event. Wouldn't happen but could you imagine if the strike went for a month and this inexplicably dipped to $25? Booyah time!
(56)
•••
domcolumba
X
Comment by
domcolumba
on Sep 15, 2023 9:05pm
RE:What happened?
Stelco just got run over by a speeding train, the UAW Express. See you at sub $30
(542)
•••
nedstar71
X
Comment by
nedstar71
on Sep 08, 2023 5:53pm
RE:return of capital event
If they are correct in respect to capacity wise $300-400 million, it would be closer to $5.50-$7.25 per share special dividend no? Not that I think that would happen but....
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Thematica: Battery Metals Report
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Jeff Nielson
22 September 2023 09:28
(10)
•••
trendstr
X
Post by
trendstr
on Sep 08, 2023 11:24am
return of capital event
After the quarterly results came out in August I was a bit disapointed and I haven't paid too much attention to the stock price. I have been wondering though if Stelco would return any of
...more
(1)
•••
fatich
X
Comment by
fatich
on Aug 28, 2023 3:05pm
RE:What happened?
Stelco Holdings Inc. is a prominent Canadian company primarily focused on the manufacturing and sale of steel products. The company boasts technologically advanced integrated steelmaking facilities
...more
(370)
•••
lifeisgood1010
X
Post by
lifeisgood1010
on Aug 16, 2023 2:47pm
Bidding war is on
In the end, this will show how cheap Stelco is presently valued Aug 16 (Reuters) - ArcelorMittal SA (MT.LU), the world's second-largest steelmaker, is considering a potential offer for U.S
...more
(370)
•••
lifeisgood1010
X
Post by
lifeisgood1010
on Aug 14, 2023 7:55pm
Bidding war
(Bloomberg) -- Steel processor and distributor Esmark Inc. offered to buy United States Steel Corp. for $7.8 billion in cash, trumping an earlier bid from Cleveland-Cliffs Inc. and raising the stakes
...more
(370)
•••
lifeisgood1010
X
Post by
lifeisgood1010
on Aug 14, 2023 12:27pm
Consolidation of blast furnace/basic oxygen furnace
If Cleveland Cliff were to be able to get their hands on US Steel.... In terms of blast furnace/BOF capacity, U.S. Steel operates complexes in Granite City, Illinois; Gary, Indiana; and Braddock
...more
(1204)
•••
Possibleidiot01
X
Post by
Possibleidiot01
on Aug 11, 2023 3:43pm
Analysts
Stelco (TSE:STLC) had its price target lowered by analysts at Stifel Nicolaus from C$46.00 to C$37.00. This represents a 3.5% downside from the current price of C$38.35. Stelco (TSE
...more
(35)
•••
prabhatmalik
X
Post by
prabhatmalik
on Aug 10, 2023 5:40pm
What happened?
Results were not bad not bad at all. Should pop up tomorrow.
(0)
•••
PressRelease
X
Post by
PressRelease
on Aug 09, 2023 5:35pm
New Press Release - Stelco Holdings Inc. Reports Second Quarter 2023 Results
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESStelco Holdings Inc. second quarter highlights include:Revenue of $841 million for the quarter, down 19% from Q2 2022 and up 22% from Q1 2023Operating income of $186 million for the quarter, down 58% from Q2...
read article.
(0)
•••
PressRelease
X
Post by
PressRelease
on Jul 27, 2023 5:35pm
New Press Release - Stelco Holdings Inc. Schedules Second Quarter 2023 Earnings Release and Conference Call
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Stelco Holdings Inc., (TSX: STLC), a low cost, integrated and independent steelmaker with one of the newest and most technologically advanced integrated steelmaking facilities in North America, today...
read article.
(370)
•••
lifeisgood1010
X
Post by
lifeisgood1010
on Jul 24, 2023 4:26pm
Cleveland Comments from Q2 results
For the second quarter of 2023, the Company recorded net income of $356 million, or $0.67 per diluted share attributable to Cliffs shareholders. This included charges totaling $11 million, or $0.02
...more
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