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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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(13)
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Comment by bigreturn11on May 22, 2019 10:20pm
70 Views
Post# 29766832

RE:RE:Stelco Growth Plan

RE:RE:Stelco Growth Plan
extremerisk wrote: Orders grew 5 times first weekend after tariffs dropped. That’s great news. That cheap Canadian dollar is great for this business. I bought more today. This is my focus stock now to build position. 


extremerisk- how do you know that the orders grew 5x? Reference? Also it grew 5x in relation to what? 

This cheap CDN currency will help significantly. Also helping is that they do not need to ramp up as they hadn’t missed a beat in the last three quarters. Stick to the highest margin contracts now that it’s opened up.  Wayyyy less competition within Canada given news of the tariffs. 

I predict $25 to $30 by next quarter. 

Bullboard Posts
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