Stelco (OTCMKTS:STZHF) Trading Up 1.1% – Time to Buy?

Stelco Holdings Inc. (OTCMKTS:STZHFGet Free Report) was up 1.1% during mid-day trading on Wednesday . The company traded as high as $49.41 and last traded at $49.41. Approximately 24,700 shares were traded during trading, an increase of 255% from the average daily volume of 6,953 shares. The stock had previously closed at $48.88.

Stelco Stock Up 1.1%

The company’s 50 day moving average price is $49.41 and its 200 day moving average price is $49.41.

About Stelco

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Stelco Holdings Inc (OTCMKTS: STZHF) is a Canadian steel producer headquartered in Hamilton, Ontario. The company operates an integrated steel mill complex that specializes in the manufacture of hot-rolled, cold-rolled and coated sheet, as well as heavy steel plate products. Stelco’s product lines serve a diverse set of end markets including automotive, energy, construction and heavy equipment, supplying both domestic and export customers.

Founded in 1910, Stelco became a standalone publicly traded company after emerging from creditor protection in 2007.

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