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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 > Market decline too rapid to jump in here
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Comment by NUMBERSGAME6on Jan 22, 2022 11:06am
140 Views
Post# 34347110

RE:Market decline too rapid to jump in here

RE:Market decline too rapid to jump in here Guys thanks for all the great posts I'm just catching up on this stock.

Do I have this correct?

  Market cap 2.5 billion.

  Land and cash worth 1 billion.  (I'll look up what their other assets are worth Or if you have it post it)

  Break even at approx$ 700/nt  (this seems hi I'll recheck cad vs usd)

  Current price around$ 1400/nt  and dropping (hot rolled)

Q4 numbers should be great

Q1 numbers should be very good historically speaking
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