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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 > Retired Shareholder
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Comment by Stocker46on Nov 08, 2022 1:31pm
136 Views
Post# 35082749

RE:RE:RE:Retired Shareholder

RE:RE:RE:Retired ShareholderLooks like investors have finally realized that reducing your share count by 13% is a good thing.

Earnings are coming out a little later than normal, which makes me think they may be half decent. They likely didn't want to release them too soon after giving shareholders $35 on the share offer.  Reached a high of $40.88 today.

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