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Bullboard - Stock Discussion Forum
ADF Group Inc
T.DRX
Alternate Symbol(s):
ADFJF
Steel
Steel
ADF Group Inc. is a Canada-based company. The Company is engaged in the design and engineering of connections, fabrication, including the application of industrial coatings, and installation of complex steel structures, heavy steel-built ups, as well as in miscellaneous and architectural metals for the non-residential infrastructure sector. Its products and services are intended for the five...
principal segments of the non-residential construction industry: office towers and high-rises, commercial and recreational buildings, airport facilities, industrial complexes, and transport infrastructure. The Company operates two fabrication plants and two paint shops, in Canada and in the United States, and a Construction Division in the United States, which specializes in the installation of steel structures and other related products. It has the capacity to manufacture approximately 125,000 tons of structural steel annually.
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TSX:DRX - Post Discussion
ADF Group Inc
> Stelco sold
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microcaphobby
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Post by
microcaphobby
on Jul 15, 2024 10:44am
Stelco sold
The buyer must think that the demand for steel is enduring. Good for DRX.
(855)
•••
lifeisgood1010
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Comment by
lifeisgood1010
on Jul 15, 2024 12:25pm
Indeed Micro steel as a bright future with all of the infra. need. It looks like some investors are betting that some of that $780 million that Fairfax will be receiving will go toward increasing or privatizing Ensign(ESI). Recently(April 26th),Fairfax converted their debenture in Ensign for common shares at a price of $1.75. Fairfax is the second biggest shareholder of ESI behind Murray
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