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Stelco Holdings Inc T.STLC


Primary Symbol: STZHF

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

Post by trendstron Mar 18, 2023 8:11am
203 Views
Post# 35346602

What happened at 3:59:59

What happened at 3:59:59
There was a big jump in price and volume of STLC with one second to go before the TSX closed at 4 o'clock.  Shares were trading in the 52.10 to 52.15 range with volumes of 700 to 3200 shares trading with 1 minute to go before the 4 o'clock closing.  Then at 3:59:59, a massive trade of 321,300 shares went through at  $53.41 boosting the share price by well over a dollar.  What's going on?  Monday's market will be interesting to watch.
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