About Stelco Holdings

Stelco Holdings Inc. produces and sells various steel products in Canada and the United States. The company produces flat-rolled value-added steels, including premium-quality coated, cold-rolled (including fully processed annealed cold-rolled sheet), and hot-rolled steel products, as well as metallurgical coke. With first-rate gauge, crown, and shape control, as well as uniform through-coil mechanical properties, the company’s steel products are supplied to customers in the construction, automotive and energy industries across Canada and the United States, as well as to various steel service centres, which are regional distributors of steel products. The company operates from two facilities: Lake Erie Works (LEW) near Nanticoke, Ontario and Hamilton Works (HW) in Hamilton, Ontario. LEW facilities are comprised of a coke battery, a blast furnace, two steelmaking vessels, a twin-strand slab caster, a hot strip mill, and three pickling lines. LEW produces various steel grades, including AHSS and UHSS, produced as hot-rolled coil and hot-rolled pickled steel that is either sold to third-parties or sent on to HW for further processing. HW facilities are consists of a coke battery, a 4-stand cold-rolling mill, a continuous galvanizing line, a galvanizing and galvannealing Z-Line (Z-Line), and batch annealing furnaces and temper mill. HW is supplied with hot-rolled pickled steel from LEW and produces high quality cold-rolled and coated steel products, as well as coke that is supplied to LEW to fuel its blast furnace and sold to third-parties. In addition to LEW and HW, the company owns a 50% interest in two separate joint ventures: Baycoat Limited Partnership (Baycoat) and D.C. Chrome Limited (D.C. Chrome) that complement its finishing capabilities. LEW products could be broken into three categories, such as slabs, which are either further processed at LEW or sold to third parties; hot-rolled coil, which is relatively thick sheet steel used for structural, construction, automotive or tubing purposes or for further processing; and pickled hot-rolled coil, which is hot-rolled coil that has been further processed by acid washing to further improve surface quality. Pickled hot-rolled coil is either sent to HW for further processing or sold directly for use in applications, including hydroformed tubing, automotive safety hardware and accessories. HW cold-rolled and coated products can be broken into four categories, such as cold-rolled full hard; fully processed annealed cold-rolled sheet, which is used in selected applications where the desired thickness is less than the minimum thickness available in hot-rolled form but corrosion resistant coating is not required; galvanized sheet which is primarily used in construction and automotive applications; and galvanneal sheet steel for automotive, construction, pre-paint and appliance applications where corrosion resistant coating is required. The company produces certain grades of AHSS and UHSS. Strategy The key elements of the company’s strategy include operating safely and sustainability; expanding and serving its customer base; optimizing production from its assets; and growing its business. History Stelco Holdings Inc. was founded in 1910. The company was incorporated in 2017.