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 > Declining SP

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Post by retiredcfon Sep 26, 2021 11:19am

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Post# 33920609

Declining SP

Q: STLC is at a one month low of $39.95 (now $38.33) while the market has been moving up at quite a pace. Should I be looking to get out?

We don't have any real concern and we would consider the short time frame here. Stocks do not always do what one wants them to right away. STLC is cyclical and has been a bit weaker on economic growth concerns. But it is also very cheap because of this.

So said 5iResearch late last week. GLTA

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