Post by
forkliftguy on Nov 03, 2022 3:09pm
Something to like , I think
In addition to Stelco , I also Own Martinrea . Martinrea reported a 45 percent sales increase over the same period last year . They are forecasting a robust 2023 . Stelco would be one of the major steel suppliers to Martinrea and others for the new Auto steel panels as well as other components for cars . .
My deduction for that is that if cars sell well ( electric in particular ) , then Stelco will do very well . . Just one retired salesman's opinion .
Comment by
prested on Nov 07, 2022 11:32am
You wuz right about this one Forklift! I owned Martinrea long ago, and did quite well with it. I'll take another look at it, thanks for the reminder.