UPDATE 2-Dofasco to buy Copperweld assets for $177.8 mln

Newswire

(Adds details from conference call, analyst comment, share price. In U.S. dollars unless noted) TORONTO, Aug 17 (Reuters) - Dofasco Inc. , Canada's No. 2 steelmaker, said on Wednesday it will buy certain Copperweld Holding Co. steel tube assets for $177.8 million, expanding its reach in North America and boosting profits. Dofasco will buy the assets through a transaction with Harrow, Ontario-based Atlas Tube Inc., which is buying all the shares of Pittsburgh, Pennsylvania-based ...

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