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 extremeriskon Jul 09, 2021 8:59am

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Post# 33520366

30percent higher

Since last call steel prices have surged over 30 percent. I think the 2 billion ebitda target will be easily exceeded due to surging steel price so new target for 2021 is 2.6 billion in ebitda or about$30 a share now. Pretty close to 1 times ebitda is by far the cheapest steel stock out there.

also as we progress into 2021 the futures do not show any sharp pullback in 2022 for HRC so this bull run continues.

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