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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 > Can anyone explain....
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Comment by Duke16on Jun 13, 2022 1:37pm
169 Views
Post# 34752619

RE:Can anyone explain....

RE:Can anyone explain....Stelco is falling with the rest of the economy.

Seems hard to believe how a company continuously breaking quarterly profit record and with a newly announced $518M profit from a land sale could be priced this low....but it's a gem to own right now.

This will shoot up as soon as management announces their intended use for their cash stockpile which is north of $1.5B

Doesn't really even matter the use, acquisition, merger, special dividend....anything will make it fly.

Not sure investors are aware, but Stelco has over $25/share in CASH!!!!! and they're selling at $36 per share! With the economy tanking, and steel prices continuing to soar....this is the safest investment out there!!!

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