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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 Blueswinon Jul 16, 2021 5:23pm
111 Views
Post# 33564035

RE:RE:Another Upgrade

RE:RE:Another Upgradewalloping web snappers was that a dramatic down turn today a drop of $2.50 in one day!  Of course Steel prices staying high! CRU July $1780 Aug. $1830 Sept. $1796 Oct. $1720 Nov. $1696 Dec. $1659 If these numbers hold that will be crazy money for Stelco. Plus it sounds like they might be close to selling their 800 acres of land. Seems like the only way to get fair value is to buy an enourmous amount of their own stock back. Since I bought at $34 the price of steel has continued to move up on tight supply. Looking forward to Q2 results as well!
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