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Stelco Holdings Inc. (STZHF) Company Profile

Stelco Holdings Inc. (OTCPK: STZHF) is a century-old Canadian steel manufacturer offering a variety of value-added steel products. In 2024, it was acquired by Cleveland-Cliffs (CLF) for $2.5 billion, marking a landmark consolidation in the North American steel industry.

Stelco Holdings Inc company logo

1. Company Overview

Stelco Holdings Inc. (OTCPK: STZHF) is a long-established steel manufacturer headquartered in Hamilton, Ontario, Canada. Founded in 1910, it employs around 2,313 full-time staff and operates in Canada, the U.S., and international markets.

Stelco offers a variety of value-added flat-rolled steel products, including hot-rolled, cold-rolled, and coated steel. Its products are widely used across the construction, automotive, energy, appliance, and pipe sectors, and it also serves numerous steel service centers.

Official website: https://www.stelco.com/

2. Core Business Segments

1. Value-Added Steel Product Manufacturing

Stelco specializes in flat-rolled steel, producing hot-rolled, cold-rolled, coated, and pre-painted steel sheets, mainly for the construction, automotive, and energy sectors—its core business area.

2. Raw Material Smelting (Coke and Pig Iron)

The company operates its own coke ovens and blast furnaces to produce metallurgical coke and pig iron, either for internal use or external sales, enhancing raw material independence and profit margins.

3. Industrial Services and Processing

Stelco provides steel processing, cutting, pre-treatment, and delivery services for downstream clients, supporting customization needs across service centers and manufacturing businesses.

3. Technological and Business Advantages

  • Over a century of manufacturing history with deep industry expertise and strong brand influence

  • Highly specialized capabilities in cold-rolled and hot-rolled steel production

  • Stable customer base across multiple industries in North America

  • Modern and scalable production facility at Lake Erie Works

4. Company History

Year Milestone
1910 Stelco was founded through the merger of five companies
2007 Acquired by U.S. Steel for $1.9 billion, renamed U.S. Steel Canada
2016 Acquired by Bedrock Industries and rebranded as Stelco
Nov 2017 Completed IPO on the Toronto Stock Exchange, raising CAD 200 million
Nov 1, 2024 Acquired by Cleveland-Cliffs (CLF) for approximately $2.5 billion

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Contents
1. Company Overview
2. Core Business Segments
1. Value-Added Steel Product Manufacturing
2. Raw Material Smelting (Coke and Pig Iron)
3. Industrial Services and Processing
3. Technological and Business Advantages
4. Company History