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Stelco Holdings Inc T.STLC

Alternate Symbol(s):  STZHF

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.


TSX:STLC - Post by User

Post by retiredcfon Feb 23, 2021 12:06pm
114 Views
Post# 32637238

Top Pick

Top PickA very sleepy BB but here you go. Second stock in the clip. GLTA

https://www.bnnbloomberg.ca/video/jennifer-radman-s-top-picks~2145333

Stelco Holdings Inc. (STLC TSX)

Stelco is set to have a very strong 2021 on the back of strong steel prices and higher volume. It has an attractive low cost position, reinstated its dividend, and management is well-aligned to increase shareholder value through its 15 per cent equity ownership.
 

TOP PICK
 
Stelco Holdings Inc.
(STLC-T)
February 22, 2021
 
A recovery opening trade. They reported some hedging losses that initially caused a sell off. The next few quarters will be very, very strong. They are a low cost producer. The do not have a peak multiple so there is upside there. (Analysts’ price target is $28.50)
 
Jennifer Radman 
 
Price
$23.255
Owned
Yes
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