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...Ipsco, a big steelmaker, was bought two years ago by Russia’s Evraz, which now runs its Saskatchewan operations from its North American headquarters in Portland, Oregon....
...Credit Suisse also said IPSCO’s tubular business could be sold for about SKr30bn, leaving SSAB debt free by the end of next year....
...Ipsco jumped 11.5 per cent to $145.96 after the maker of steel pipes said there could be a sale of the company....
...Shares in IPSCO increased by more than 10 per cent after the Lone Star deal was announced....
...IPSCO jumped 10.3 per cent to $130.41, a record high, on rumours of a potential approach. Steel Dynamics rose 4.8 per cent to $42.70....
...SSAB, the Swedish steelmaker, shed 2.9 per cent to SKr269.50, after announcing a SKr10bn rights issue to fund its $7.7bn acquisition of Ipsco, the US-Canadian steel firm....
...IPSCO , which is in talks that could lead to the sale of the company, slipped 0.5 per cent to $151.48 after its earnings disappointed analysts....
...The steel tube maker Vallourec climbed 3 per cent to €195.20 after its US rival Ipsco said it was in talks that could lead to a takeover bid for the group....
...IPSCO jumped 13.7 per cent to $131.40 while Reliance Steel rose 4.3 per cent to $48.40....
...Ipsco jumped 12 per cent to $148.50 after the maker of steel pipes said there could be a sale of the company. Shares in Dow Chemical swung sharply this week....
...However, the largest of the mini-mills, IPSCO, remains in Canadian hands....
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