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Stelco Holdings Inc T.STLC


Primary Symbol: STZHF

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

Bullboard Posts
Comment by extremeriskon Sep 23, 2019 10:44pm
100 Views
Post# 30157278

RE:RE:Another positive development in todays news

RE:RE:Another positive development in todays newsYes agreed bad call. I am going to hold it though in my lira. Drop of steel price and weak mfg has hurt the stock price. Volume today pretty high. May be close to bottom here. It will come back. They have cash to buy back. Who knows when they may start to buy. Management tries to pick the bottom just like all other investors. 

Other steel I hold Russell Metals has not suffered as much and pays great dividend.  
Bullboard Posts