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 > Should we not expect a preliminary update on Q3 results.

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Comment by fishcarrieron Oct 06, 2021 8:02am

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Post# 33972477

RE:Should we not expect a preliminary update on Q3 results.

If memory serves, Retired gave us an analyst report - maybe a couple weeks after quarter's end - showing the average selling price of STLC's steel. That number is the big one, assuming shipments are largely inline with last Quarter's. I think - price of hr steel shipped should be over $2000 for the quarter. If so, then just multiply shipments by price to get earnings, subtract operating expense and we get ebitda. Right? I agree with the $8-$10 a share before taxes.

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