UPDATE 1-Dofasco aims to ink bigger supply deal with Toyota

Newswire

(Adds details) By Frank Pingue TORONTO, May 31 (Reuters) - Dofasco Inc. will work towards securing a more lucrative steel supply contract with Toyota Motor Corp. after a report said the Japanese automaker will build an assembly plant in Canada, the steelmaker told Reuters on Tuesday. Canada's second biggest steelmaker, which delivers about 45 percent of its product to the automotive industry, is hopeful it can reach a deal with Toyota even though no firm commitments are in place. "I ...

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