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.

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Stelco Holdings Inc

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Comment by bigreturn11on May 17, 2019 5:33pm

88 Views

Post# 29757257

RE:RE:tariffs are off!! That is very good for Stelco

pastafagoli wrote: Yeee haawww !!!!

Its about time. I should have bought more at $14. lol This thing is going to rocket. P/E like 5 times. Give me a break.

Look at Q4 2018 results commentary from management regarding being creative and finding other profitable markets amidst tariffs. These guys know how to make money in the best possible ways and there’s no reason why we don’t see a 52 week high in the coming months. How many $14 per share stocks can issue regular special dividends of $1 per share using their cash stockpile in a market where peers and other sectors excercise spending caution.

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