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 > Something to like , I think

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Post by forkliftguyon Nov 03, 2022 3:09pm

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Post# 35070676

Something to like , I think

In addition to Stelco , I also Own Martinrea . Martinrea reported a 45 percent sales increase over the same period last year . They are forecasting a robust 2023 . Stelco would be one of the major steel suppliers to Martinrea and others for the new Auto steel panels as well as other components for cars . .
My deduction for that is that if cars sell well ( electric in particular ) , then Stelco will do very well . . Just one retired salesman's opinion .

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