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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Stelco Holdings Inc > Earnings Call

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Comment by dieter216on Mar 01, 2022 1:36pm

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Post# 34471886

RE:RE:RE:RE:RE:RE:RE:Earnings Call

I hear ya...I was not impressed with the Dutch Auction method of share buyback...

There is alot of momentum building for Stelco in short term.

- Stock was oversold, especially when they're sitting with over $13/share in cash.
- CRU futures moving up strongly past few days, today CRU up over $100 ton (11%)for April-July
- Current share buyback is Normal Course buyback in open market, which willl provide extra
buying support over next 30 - 45 days.
- Short Squeese on (not sure what the current short position looks like?)

Interesting month ahead....

GLTA

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This profitable gold stock is on its way up