Lakeside Steel, a Canadian pipe and tube manufacturer, has filed a motion with the Federal Court of Canada aiming to acquire US Steel Canada.

Lakeside Steel, a Canadian pipe and tube manufacturer, has filed a motion with the Federal Court of Canada aiming to acquire US Steel Canada, a wholly-owned subsidiary of U.S. Steel Corp. and a supplier to Lakeside. Lakeside is the only publicly-held Canadian-owned steel manufacturer and is trying to avoid having a key supplier shut down operations.

Links