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Stelco Holdings Inc (STLC.TO)

STLC.TO on Toronto Stock Exchange

10.87CAD
21 Aug 2019
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Latest Key Developments (Source: Significant Developments)

Stelco Holdings Announces Second Quarter Earnings Per Share Of $0.01
Tuesday, 13 Aug 2019 

Aug 13 (Reuters) - Stelco Holdings Inc ::STELCO HOLDINGS INC. REPORTS SECOND QUARTER 2019 RESULTS.STELCO HOLDINGS INC QTRLY EARNINGS PER SHARE $0.01.STELCO HOLDINGS INC QTRLY ADJUSTED EARNINGS PER SHARE $0.07.STELCO HOLDINGS INC - Q2 2019 REVENUE DECREASED $280 MILLION, OR 39%, FROM $711 MILLION IN Q2 2018.STELCO HOLDINGS INC - SHIPPING VOLUMES DECREASED 203 THOUSAND NT, FROM 748 THOUSAND NT IN Q2 2018 TO 545 THOUSAND NT IN Q2 2019.STELCO HOLDINGS INC - TARGETING A FURTHER ANNUALIZED $25-50 MILLION OF COST REDUCTIONS IN SECOND HALF OF YEAR.  Full Article

Stelco Reports Agreement With DTE Energy Services As Exclusive Development Partner
Thursday, 6 Jun 2019 

June 6 (Reuters) - Stelco Holdings Inc ::STELCO ANNOUNCES SELECTION OF STRATEGIC CO-GENERATION PARTNER.STELCO - AGREEMENT WITH DTE ENERGY SERVICES AS EXCLUSIVE DEVELOPMENT PARTNER FOR FURTHER DEVELOPMENT OF COGENERATION PROJECT AT CO'S LAKE ERIE FACILITY.STELCO - DTE ENGAGED TO CONDUCT DETAILED DESIGN, ENGINEERING & DEVELOPMENT SERVICES TO PURSUE NEXT PHASE OF COGENERATION PROJECT AT LAKE ERIE FACILITY.  Full Article

Stelco Announces Acquisition Of Remaining Former Stelco Hamilton Lands
Thursday, 9 May 2019 

May 8 (Reuters) - Stelco Holdings Inc ::STELCO ANNOUNCES ACQUISITION OF REMAINING FORMER STELCO HAMILTON LANDS.STELCO HOLDINGS INC SAYS REMAINING LANDS WERE PURCHASED FROM LEGACY LANDS LIMITED PARTNERSHIP FOR AN AGGREGATE PURCHASE PRICE OF $20 MILLION.  Full Article

Stelco Holdings Reports Q1 2019 Revenue Of $517 Million, Up 7 Pct
Wednesday, 1 May 2019 

May 1 (Reuters) - Stelco Holdings Inc ::STELCO HOLDINGS INC. REPORTS FIRST QUARTER 2019 RESULTS.Q1 2019 REVENUE OF $517 MILLION, UP 7%, COMPARED TO Q1 2018.DECLARES A REGULAR QUARTERLY DIVIDEND OF $0.10 PER SHARE.Q1 2019 REVENUE OF $517 MILLION, UP 7%.Q1 REVENUE VIEW C$533.1 MILLION -- REFINITIV IBES DATA.QTRLY NET INCOME $43 MILLION.  Full Article

Stelco Holdings Inc Q3 Steel Shipping Volumes 586,000 Net Tons, Up 43 Pct
Tuesday, 13 Nov 2018 

Nov 13 (Reuters) - Stelco Holdings Inc ::STELCO REPORTS STRONG THIRD QUARTER 2018 RESULTS.STELCO HOLDINGS INC - Q3 2018 REVENUE INCREASED BY $283 MILLION, OR 84%, FROM REVENUE OF $336 MILLION IN Q3 2017.STELCO HOLDINGS INC - Q3 2018 STEEL SHIPPING VOLUMES OF 586,000 NET TONS, UP 43% COMPARED TO Q3 2017.STELCO HOLDINGS INC - IN Q4, EXPECTING A "SIGNIFICANT" INCREASE IN SHIPMENTS, STABLE PRICING AND HIGHER EARNINGS.STELCO HOLDINGS INC - HAS APPROVED A SHARE REPURCHASE PROGRAM (NORMAL COURSE ISSUER BID) OF UP TO 4.4 MILLION SHARES.STELCO HOLDINGS INC - AVERAGE SELLING PRICE INCREASED FROM $793/NT IN Q3 2017 TO $980/NT IN Q3 2018.STELCO HOLDINGS INC - QTRLY REVENUE FROM SALE OF GOODS $619 MILLION VERSUS $336 MILLION.STELCO HOLDINGS INC - NET INCOME FOR QUARTER WAS $123 MILLION, UP FROM A NET LOSS OF $13 MILLION IN Q3 OF 2017.  Full Article

Stelco Holdings Announces Pricing Of Secondary Equity Offering
Thursday, 6 Sep 2018 

Sept 6 (Reuters) - Stelco Holdings Inc ::STELCO HOLDINGS INC. ANNOUNCES PRICING OF SECONDARY EQUITY OFFERING.UNDERWRITERS AGREED TO BUY 8 MILLION SHARES OF CO AT PRICE OF $22.65 PER SHARE FOR AGGREGATE GROSS PROCEEDS OF $181.2 MILLION.  Full Article

Stelco Holdings And Bedrock Industries B.V. Announce Secondary Bought Deal Equity Offering
Wednesday, 28 Mar 2018 

March 28 (Reuters) - Stelco Holdings Inc ::STELCO HOLDINGS INC. AND BEDROCK INDUSTRIES B.V. ANNOUNCE SECONDARY BOUGHT DEAL EQUITY OFFERING.STELCO HOLDINGS INC - UNDERWRITERS AGREED TO BUY FROM SELLING SHAREHOLDER 10 MILLION COMMON SHARES OF COMPANY AT $21.75 PER COMMON SHARE.  Full Article

Stelco Sees Q1 2018 Adj EBIDTA To Be Between $60 Mln And $70 Mln
Wednesday, 28 Mar 2018 

March 28 (Reuters) - Stelco Holdings Inc ::STELCO ANNOUNCES FIRST AND SECOND QUARTER 2018 EARNINGS ESTIMATES.‍IN Q1 2018, SHIPMENTS ARE EXPECTED TO BE 3% TO 5% HIGHER THAN Q4 2017​.‍COMPANY ANTICIPATES Q1 2018 ADJUSTED EBITDA TO BE BETWEEN $60 MILLION AND $70 MILLION​.‍COMPANY ANTICIPATES Q2 2018 ADJUSTED EBITDA TO BE BETWEEN $120 MILLION AND $150 MILLION​.STELCO - ORDER BOOK SUBJECT TO LAG IN ORDER ENTRY AND REVENUE RECOGNITION WITH ORDERS BEING BOOKED ESTIMATED TO BE DELIVERED IN EIGHT TO TEN WEEKS.ANTICIPATES REVENUE AND ADJUSTED EBITDA WILL IMPROVE IN Q2 2018‍​.STELCO - Q1 2018 SALES WILL LARGELY REFLECT SALES ORDERS BOOKED IN Q4 2017, Q2 2018 SALES ARE EXPECTED TO LARGELY REFLECT SALES ORDERS BOOKED IN Q1.  Full Article

Stelco Holdings ‍prices IPO of 11.8 mln shares at $17 per common share​
Friday, 3 Nov 2017 

Nov 2 (Reuters) - Stelco Holdings Inc ::Stelco Holdings Inc. Announces pricing of initial public offering.‍prices its initial public offering of 11.8 million common shares at a price of $17.00 per common share​.  Full Article

CANADA STOCKS-TSX futures flat on steady oil prices

June 10 Stock futures for Canada's main stock index were little changed on Monday as oil prices steadied, with Saudi Arabia and Russia yet to agree on an output-cutting deal.