Ottawa drops lawsuit against US Steel

Dec 19, 2011 | 06:00 AM |

US Steel Corp will continue to work in Canada after the country’s federal government dropped its lawsuit against the Pittsburgh-based company on Monday. US Steel has agreed to continue operations in Canada until 2015 under a deal that ends a dispute over its acquisition in 2007 of the Stelco steel plants at Hamilton and Lake Erie, Ontario. "We are pleased to have resolved amicably this unfortunate dispute with the government of Canada,” US....

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