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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 fishcarrieron Jul 26, 2021 8:11am
55 Views
Post# 33603379

Just thoughts

Just thoughtsSometime this week Stelco will probably announce their date to release 2nd Q earnings. That in itself may be a catalyst. Then, what to expect with the earnings report? It often depends so much on the prevailing market attitiude at that time. But it would not surprise me that the stock would shoot up to that $47.17 in the wake of the earnings report and/or divvy announcement. Simlarly, after Q3 it could shoot up to that $60 lavel. That's just my optimistic thought. I just think this stock is very cheap in light of the expected earnings and other known aspects. Others may differ. GLTA. 
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