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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 > I wonder what they paid for this 40% owenership
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Comment by Jasonuwon Jan 05, 2022 12:12am
110 Views
Post# 34284029

RE:RE:RE:RE:RE:I wonder what they paid for this 40% owenership

RE:RE:RE:RE:RE:I wonder what they paid for this 40% owenershipMaybe I'm old school but seems like a waste of money. If I was a steel buyer (auto, construction, appliances) no amount of "goodwill" or "marketing" would overcome a lower price on the same product. Seems like Alan has too much of our cash and wants to go on a shopping spree instead of returning it. I've seen enough and my distrust of Alan grows each day. I exited my small remaining position today. Good luck to all of you.
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