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 > China is pushing the steel market up

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Comment by Stocker46on Mar 07, 2023 1:04pm

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Post# 35323998

RE:RE:China is pushing the steel market up

Nucore & Mittal (incl. Dofasco) just increased prices again in the last couple of days (Mittal yesterday).
Stelco will no doubt follow .. good sign but in Stelco's case, I'd say it's already been priced in to their current SP. They should be good for at least a couple of decent quarters in 2023.

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