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 > Earnings Call

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Comment by dieter216on Mar 01, 2022 1:36pm

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Post# 34471886

RE:RE:RE:RE:RE:RE:RE:Earnings Call

I hear ya...I was not impressed with the Dutch Auction method of share buyback...

There is alot of momentum building for Stelco in short term.

- Stock was oversold, especially when they're sitting with over $13/share in cash.
- CRU futures moving up strongly past few days, today CRU up over $100 ton (11%)for April-July
- Current share buyback is Normal Course buyback in open market, which willl provide extra
buying support over next 30 - 45 days.
- Short Squeese on (not sure what the current short position looks like?)

Interesting month ahead....

GLTA

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