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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 > I do not understand this stock's volatility.
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Post by fishcarrieron Aug 09, 2021 12:49pm
124 Views
Post# 33672353

I do not understand this stock's volatility.

I do not understand this stock's volatility.If people have been following this stock, and realize earnings are about to be released, why would they be selling stlc for a song? Shortly after Q1's report, stlc rose to $39.01. Now it's trading at $39.70. It rose earlier because it was extremely promising. Since then earnings expectations have been upgraded numerous times. And if anyone is watching futures in steel, Q.3 promises to be a blockbuster. 

All I can say, I'm holding this stock for now, and extremely likely I will be awaiting Q.3 results as well. Over $1800 US for steel last month, this month and next month should be worth steel's weight in gold. GLTA. 
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