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 Jun 12, 2021 1:34pm

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Post# 33377929

Globe and Mail Saturday June 12

As mentioned previously by " Retired " , Stelco will be added to the " S&P/TSX Composite index effective June 21 . I would expect some buying of Stelco until at least that time . Also , some more eyeballs will look at the crazy cheap valuation which Stelco currently is at . With all their cash coming in , I would expect Stelco to make an acquisition , maybe in the Buffalo area . Just guessing on that one. The two ways to increase share value are organically ( keep doing better ) or through acquisition . All in All , this has been a great investment for everyone .

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