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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 > Another special dividend to come?
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Post by trendstron Jun 03, 2023 8:32am
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Post# 35478280

Another special dividend to come?

Another special dividend to come?

RBC Capital Markets 2023 Canada Automotive, Industrials & Transportation Conference; 8th Of 10 Parts, Steel

11:12 AM EDT, 05/19/2023 (MT Newswires) -- RBC Capital Markets on Thursday outlined insights from companies that participated in the 2023 RBC Capital Markets Canadian Automotive, Industrials & Transportation Conference this week in Toronto.

RBC said Stelco Holdings Inc. (STLC.TO)'s second-quarter is fully booked and that recent steel price strength is expected to drive very strong results in the upcoming quarters.

As a result, RBC expects another special dividend in the near term.

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