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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

Comment by dieter216on May 28, 2021 8:21pm
119 Views
Post# 33291566

RE:RE:RE:RE:Odd to be trading under$33

RE:RE:RE:RE:Odd to be trading under$33Sorry but you're comparing apples to oranges that way.
Bank stocks generate regular earnings/dividends, not cyclical like Stelco.
Also you have to factor in market cap / shares outstanding etc.
When was the last time CIBC went bankrupt?
when was last time Stelco went bankrupt?

You can't compare the two....cheers Dieter
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