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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 forkliftguyon Oct 01, 2021 11:13am
173 Views
Post# 33952199

What's not to like

What's not to likeI rode this stock up to 51 dollars .  At that price I thought  it was undervalued .  Now it has fallen to 36 dollars .  I bought some more this morning .  It continues to be my largest position of the 18 stocks which I own .   I expect it to either rise above 51 dollars a share within the next 6 months or to be taken over in a buyout  at or above that price .  There are several options which management can do to increase shareholder value . I will leave those options up to them .  Don't dispare folks .  Better days are ahead .  


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