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Bullboard - Stock Discussion Forum 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... see more

TSX:STLC - Post Discussion

Stelco Holdings Inc > Stelco increasing HRC prices.will it stick?
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Post by lifeisgood1010 on Jun 21, 2023 12:02pm

Stelco increasing HRC prices.will it stick?

Canadian integrated steelmaker Stelco has raised its flat steel prices by C$65/st ($49/st).

The steelmaker made the announcement on 19 June and the gains applied to all products, with immediate effect.

No price minimum was announced.

Its the latest price increase in the North American steel market, following integrated steelmakers Cleveland-Cliffs and US Steel, electric arc furnace mill Nucor, and global steelmaker ArcelorMittal. Prices minimums for hot rolled coil (HRC) were set at $900/st by Nucor and $950/st by ArcelorMittal and Cliffs.

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Stelco Holdings Inc