Stelco Holdings Inc. provided operating guidance for the first quarter of 2022. The company provided guidance for the first quarter of 2022 of steel shipments at or potentially lower than the fourth quarter's. The lower guidance for the first quarter is due to planned outages that have been advanced in response to the unplanned outages experienced in the fourth quarter, recent softer price environment and weaker demand conditions being experienced currently, as well as increased COVID-19 related disruptions with respect to labour force availability, which is impacting production, logistics and customer demand.
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5-day change | 1st Jan Change | ||
40.76 CAD | -1.00% | -4.39% | -18.79% |
09/05 | Transcript : Stelco Holdings Inc., Q1 2024 Earnings Call, May 09, 2024 | |
09/05 | Tranche Update on Stelco Holdings Inc.'s Equity Buyback Plan announced on February 21, 2024. | CI |
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-18.79% | 1.64B | |
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+19.82% | 25B | |
-5.90% | 21.47B | |
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+8.71% | 9.62B | |
-21.17% | 8.62B | |
-15.33% | 8.22B |
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