U.S. Steel Leaps at Lone Star

The Pittsburgh giant will pay $2.1 billion to buy the maker of oilfield goods as global steel consolidation continues

U.S. Steel (X) said on March 29 that it's going to buy the pipe-maker Lone Star Technologies (LSS) for around $2.1 billion, in the latest move from steelmakers that are racing for global dominance.

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