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.

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Stelco Holdings Inc > Still a Steel ; make that a Steal

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Comment by Stocker46on Dec 03, 2021 11:22am

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Post# 34194960

RE:RE:RE:RE:Still a Steel ; make that a Steal

Stelco has rarely closed under $40 in the last 4 months.
The current pullback seems a little strange coming off a recordbreaking quarter & an increased dividend ... if it goes much lower the Price/Earnings ratio will be under 3 ... absurd IMO for a company with no debt, piles of cash and another excellent quarter on the way.

Will continue to buy more as it drops.

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