TITLE

U.S. Steel Purchases Stelco in $1.1 Billion Deal

PUB. DATE
September 2007
SOURCE
Metal Center News;Sep2007, Vol. 47 Issue 10, p58
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article announces the decision of United States Steel Corp. to acquire Canadian steelmaker Stelco Inc. for $1.1 billion. The acquisition by United States Steel will give it an annual capacity of 33 million net tons of raw steel. United States Steel believes that the facilities of Stelco are good complement to its own facility.
ACCESSION #
26967043

 

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