Stelco Holdings Inc T.STLC

Primary Symbol: 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. It produces flat-rolled value-added steels, including coated, cold-rolled and hot-rolled steel products, as well as pig iron and metallurgical coke. With its gauge, crown, and shape control, as well as uniform through-coil mechanical properties, the Company’s steel products are supplied to customers in the construction, automotive, energy, appliance, and pipe and tube industries across Canada and the United States as well as to a variety of steel service centers, which are distributors of steel products. The Company operates from two facilities: Lake Erie Works (LEW) near Nanticoke, Ontario and Hamilton Works (HW) in Hamilton, Ontario.

OTCPK:STZHF - Post by User

Stelco Holdings Inc

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Post by donmayneon Oct 30, 2018 5:14pm

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Post# 28897434

Q3 Earnings

Expect some surprise with the earnings report. Perhaps another special dividend or a repurchase of shares by the company.

Tariff issue cuts both ways. Right now it supports a high price of steel. On the other hand STLC cannot sell in the US. For this reason, I do expect STLC might try to purchase another steel company in the US. Unfortunately, the share price is not helpful.

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