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Bullboard - Stock Discussion Forum Stelco Holdings Inc T.STLC

Alternate Symbol(s):  STZHF

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... see more

TSX:STLC - Post Discussion

Stelco Holdings Inc > Low volume- day before thanksgiving
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Post by extremerisk on Nov 24, 2021 4:00pm

Low volume- day before thanksgiving

American investors likely travelling as US markets not open tomorrow and half day Friday.

Announcement has to be coming.  Can't end the year with over 1 billion in cash.  Also as date approaches each month the steel futures keep moving up so can't look out a year to predict trend as demand appears to be strong.  

Also 1000 acres of lakefront land has to be worth $$$$.  This will all get redeveloped as Stelco for sweetheart deal when they emerged from bankruptcy

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