U.S. Steel to evaluate possible bid for Stelco

Newswire

TORONTO, Nov 24 (Reuters) - United States Steel Corp. said on Wednesday it plans to evaluate the possibility of making a bid for Stelco Inc. , Canada's biggest steelmaker, which is currently under bankruptcy protection. "We did file the necessary paper work to participate in the court administered restructuring for Stelco," said U.S. Steel spokesman John Armstrong. "The reason we're doing that is it will enable us to gather the preliminary information that we need to determine if we in ...

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