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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

Post by forkliftguyon May 23, 2021 12:49pm
181 Views
Post# 33255411

Stelco Vs. Nucor

Stelco Vs. NucorJim Cramer in the U.S. really likes Nucor . Mr. Cramer  has had on their CEO for a prime time interview .   It is forecast to make 12 dollars a share this Year . Sound familiar . Stelco is forecast to make roughly the same .  Next years forecated earnings are similiar . Stelco has the most modern and cost efficient equipment in North America . Everything being equal , I would take Stelco .It is smaller and has more growth potential .   Surprisingly , Nucor Trades at 102 dollars a share , 3 times Stelco"s price of 34 dollars .  I love to see short selling , because at some point , The Short Sellers  will have to cover their position , as well pay any dividends due .  I just received my hard copy annual report , so I have some reading to do .  Looks like a great year coming up for Stelco .  Does anyone know if Stelco is still going to sell off their excess Real Estate? ?  ? . Seems like a good time to do so . 


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