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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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Comment by pastafagolion Aug 13, 2019 10:11am
68 Views
Post# 30021598

RE:RE:RE:huge fall

RE:RE:RE:huge fallThey killed a lot of penion liabilities through restructuring.  The balance sheet is strong for now.  They paid special dividends on top of the .40 cents annually.  Very volatile stock.  Steel prices are down so I guess thats the issue.  Last quarter earnings were down but this thing trades at under 5 p/e ratio.  I am tempted to buy now but I won't.  Who said be greedy when others are fearful? lol  
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities