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 extremeriskon Mar 11, 2022 6:28am

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Post# 34505624

Q1 should be strong

Last q1 average HRC sale price was 941. This year is substantially higher and prices continue to move up rapidly. Stelco should be at an all time high now. As various months futures exceed $2000 now. Company should just complete their entire buyback as quickly as they can and I guess start another one. Not sure what plans they have for this cash windfall. Can also easily bump up the dividend which they didn't do at year end.

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