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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Post by forkliftguyon Dec 10, 2020 11:25am

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Post# 32076765

Steel Prices

Steel Prices are up a lot lately . Stelco is trading very Similiarly to U.S. Steel , which trades on the NYSE . Both of them were trading in the 4 and change range earlier this year and they now are both trading in the 19 dollar range . I lightened up a little earlier this week ,but I still have ( for me)
a fairly large position . I really like Stelco , but even I am surprised that it has gone up this fast . I have a long way to go , but it is putting a small dint in my Torstar , J.C. Penney and oil company losses . I find by far the hardest part of investing is not when to buy and what to buy , but when to sell .

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TELUS adds 347K customers in Q3