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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 pastafagolion Sep 26, 2019 4:49pm
85 Views
Post# 30168091

RE:RE:RE:RE:wtf is going in on

RE:RE:RE:RE:wtf is going in onStelco said they cancelled the bonds but tey may ahve been forced to because of a lack of demand.  They knew it would be very negative press so I suspect their hand was forced.  

I do agree before you do a press release about selling bonds you make sure its a done deal.  Huge mistake.  

We had 8 straight days of red.  I suspect we mighjt see some green tomorrow.  Remember this company went bankrupt 2 or 3 times in the past.  I think they have better management and less employee ogligations now.  Lets see how this quarter goes.  
Bullboard Posts