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 > Stelco CEO Warns North America Market a 'Falling Knife'

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Comment by Reitguyon Jan 20, 2022 6:04pm

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Post# 34339956

RE:RE:RE:Stelco CEO Warns North America Market a 'Falling Knife'

They could actually lose money for 2022? Im willing to take that bet. As one of the lowest cost producers if they lose money most producers lose. There are obviously factors that nobody can predict with certainty but im willing to bet things will stabilize. Q3 numbers were fantastic q4 should be very good and q1 should be very respectable. If we don't buy back any shares we have a billion $ in cash and growing.....

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