IPSCO Tubulars Sold To Russian Steel Makers

May 2008
Supply House Times;May2008, Vol. 51 Issue 3, p16
Trade Publication
The article reports that IPSCO Tubulars Inc. has been sold to Russia's Evraz Group SA for $4.025 billion by SSAB. The transactions are expected to close in the second quarter of 2008 and are subject to the approval from the U.S. and the Canadian regulatory authorities. The steel operations, which are retained within SSAB will operate as a division within SSAB.


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