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

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Post by forkliftguyon Jan 07, 2022 2:06pm

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Post# 34293959

A lot of steel

I added a little to my Stelco stock position at noon today . I think 2022 will be a very good year for Stelco . They are producing ONLY 625 thousand tons per quarter . That works out to one Billion 250 million pounds per quarter or Five billion pounds per year . That works out to roughly 10 ounces of steel for every person on earth . Seems like a whole bunch to me . I sure wouldn't want to drop a 10 pound Dumbbell on my toe ! I find this Auction process quite amusing , but I have a lot confidence in the Stelco Management .

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