Stelco Holdings Inc.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Alan Kestenbaum
- Full Time Employees
- 2,421
- Sector
- Basic Materials
- Industry
- Steel
- Address
- 386 Wilcox Street Hamilton ON Canada L8L 8K5
- IPO Date
- Dec 11, 2017
- Website
- stelco.com
- Similar Companies
- Business
- Stelco Holdings Inc. is a low-cost, integrated steelmaker that produces and sells flat-rolled value-added steel products, including premium-quality coated, pre-painted, cold-rolled, and hot-rolled sheet products, as well as pig iron and metallurgical coke; its offerings feature specialized grades such as Stelco Hot Roll Products, Hot Roll Automotive, Stelmax 80, Stelmax 90, and Stelmax 100, with first-rate gauge, crown, shape control, and uniform through-coil mechanical properties. The company supplies these products to customers in the construction, automotive, energy, appliance, pipe and tube industries, and steel service centers across Canada, the United States, and internationally, operating primarily from two facilities in Ontario: Lake Erie Works near Nanticoke and Hamilton Works in Hamilton. Founded in 1910 and headquartered at 386 Wilcox Street in Hamilton, Ontario, Stelco recently completed its acquisition by Cleveland-Cliffs Inc. on October 31, 2024, for approximately USD $2.5 billion (CAD $3.4 billion), transitioning to operate as a wholly-owned subsidiary while preserving its name, legacy, headquarters, and operations in Hamilton and Nanticoke. As part of the transaction, Cleveland-Cliffs committed to at least CAD $60 million in capital investments over three years, increased charitable support by CAD $2 million annually, maintenance of local supplier arrangements and community partnerships including with the Hamilton Tiger-Cats and Forge FC, and continuation of collaborations with McMaster University and CanmetMATERIALS. Stelco employs approximately 2,421 people and maintains significant Canadian representation on its management team under leadership including Executive Chairman and CEO Alan Kestenbaum, CFO Paul D. Scherzer, and COO Sujit Sanyal.
Stelco (OTCMKTS:STZHF) Shares Up 1.1% – Should You Buy?
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Cleveland-Cliffs Completes Acquisition of Stelco Holdings Inc.
Cleveland-Cliffs Completes Acquisition of Stelco
Final Regulatory Approvals Received for Cleveland-Cliffs' Acquisition of Stelco, Preparation for Closing Underway
Cleveland-Cliffs Receives Final Approvals for Stelco Acquisition and Sets Closing Date for Friday, November 1, 2024
Canadian Competition Clearance Issued for Cleveland-Cliffs' Acquisition of Stelco
Cleveland-Cliffs Receives Canadian Competition Bureau Clearance for the Acquisition of Stelco
Cleveland-Cliffs Clears U.S. Department of Justice Antitrust Review for the Acquisition of Stelco
Court Grants Final Order to Stelco Approving Arrangement with Cleveland-Cliffs
Cleveland-Cliffs' Stelco Acquisition Gets Shareholder Approval
Cleveland-Cliffs Announces Shareholder Approval of Arrangement to Acquire Stelco
Cleveland-Cliffs To Buy Canadian Steelmaker Stelco for $2.5 Billion
Cleveland Cliffs to buy Canadian steelmaker Stelco in $2.5 billion deal
Stelco Holdings Inc. (STZHF) Q1 2024 Earnings Call Transcript
Stelco Holdings Inc. Schedules First Quarter 2024 Earnings Release and Conference Call
Stelco Holdings Inc. Reports Fourth Quarter and Full Year 2023 Results
Stelco Holdings Inc. Schedules Fourth Quarter and Full-Year 2023 Earnings Release and Conference Call
Stelco Holdings Inc. (STZHF) Q3 2023 Earnings Call Transcript
Stelco Holdings Inc. Reports Third Quarter 2023 Results