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

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Post by lifeisgood1010on Jul 11, 2023 9:39am

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Post# 35535186

Steel price up, input costs again down

Once again this morning, stell price are up while cocking coal and iron ore price are down.

Coking coal is down 3.12% and Iron ore down 4%

AECO nat gas still below $2.50

Still early in the day but HRC August contracts are up 3.23% to $960 and Sept. up 1.9% to $913

Every thinh moving in the right diretion.

Stelco will post a very good Q2 and Q3 is shaping up to be even better.

Again staying long on mt STLC position

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