Issue 8 – Stelco is Pushing the Boulder Up the Hill & Important RRSP Reminder

On February 19, 2019, Stelco Holdings (TSX: STLC) announced its financial results and they were impressive in light of the US steel tariff headwinds. Revenue came in at $648 million and the adjusted EBITDA came in at $145 million and there was $23 million negative impact from tariffs. STLC also announced 22% EBITDA margins which is best in class, when compared to the whole North American steel industry.

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