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 > Andrew MacDonald - BNN - Don't Buy

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Comment by matt2018on Nov 01, 2023 3:12pm

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Post# 35711886

RE:Andrew MacDonald - BNN - Don't Buy

What is this guy talking about?
Dont know how Q3 will be, but the company has been definetly making money.
Share price was less than $15 three years ago.
Its paid off its debt, bought back a ton of stock and been paying a very nice reg divy (including a huge special div).
Alan has done a great job here running the company.
This guy knows how to create value.
Do your own research.

Possibleidiot01 wrote:
DON'T BUY

Stelco Inc(STE-T)
30/10/2023

Hard business to run in North America. High energy, input & labor costs. Margins compressed due to competition with China. Difficult to compete internationally. Not a great business. Would not recommend buying.

steel

N/A

Not owned