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 29, 2021 4:08pm

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Post# 33627058

Nucor call 2pm

Main take always from call

demand very strong
all steel markets strong
pandemic backlog but also growth
prices rising
backlogged Into 2022
facilities at 90percent utilization. Not seen for last decade
$8 a share ebitda for quarter $32 annualized.

second half of year this will accelerate due to higher volumes and prices

continue to buy back stock when opportunistic

currently trading at 4 times ebitda with all this positive news

for Stelco at $22 a share ebitda stock should be trading at $88 today not one year from now which is 4 times ebitda

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