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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 extremeriskon May 27, 2021 10:56am
187 Views
Post# 33275380

Odd to be trading under$33

Odd to be trading under$33Only reason if if steels are at a top.  Credit Suisse says we are however other steel stocks Nucor,  US steel and others are  all powering higher based on infrastructure bill and still expanding steel prices.

Kestenbaum is a smart entrepreneur and he knows you let your winners run, don't sell too early. With zero interest rates, restart of economy after over year shut down bodes very well here. There is lots and lots of bent up demand out there.

I plan to add on any weakness including today.


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