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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

Post by extremeriskon Nov 24, 2021 4:00pm
164 Views
Post# 34162968

Low volume- day before thanksgiving

Low volume- day before thanksgiving

American investors likely travelling as US markets not open tomorrow and half day Friday.

Announcement has to be coming.  Can't end the year with over 1 billion in cash.  Also as date approaches each month the steel futures keep moving up so can't look out a year to predict trend as demand appears to be strong.  

Also 1000 acres of lakefront land has to be worth $$$$.  This will all get redeveloped as Stelco for sweetheart deal when they emerged from bankruptcy

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