OTCPK:STZHF - Post by User
Comment by
dieter216on Nov 30, 2021 5:56pm
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Post# 34182538
RE:Still a Steel ; make that a Steal
RE:Still a Steel ; make that a Steal I agree with your general comment, yes Stelco at the moment and going into the 1st half of 2022 is an A, perhaps an A+, no debt, nice balance sheet, cash piling up, strong management team... Steel is cyclical, I'm in the steel biz, it is a commodity. Prices can drop just as fast as they rise. We are in the midst of a commodities "supercycle". They come along once every 20 years or so, driven by certain catalysts. In this case, Covid. Who would have thought 18 months ago!!