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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.


TSX:STLC - Post by User

Stelco Holdings Inc > As Dieter once said back in Mid-June
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Post by Blueswinon Aug 11, 2021 5:22pm
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Post# 33689069

As Dieter once said back in Mid-June

As Dieter once said back in Mid-JuneQ.1 Adjusted net income was $155 Mill, expecting Q.2 to be double that, maybe as high as $400mill.
Q.3 numbers will be even stronger with HRC now selling at $1,600us/ton, Stelco is booked out thru 3rd quarter, so be patient on this one. Come October, looking back at share price of $34 you'd wish you had more... 

I guess he was right!

Blueswin
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