keywords: stelco severstal stea bid canada
text: UPDATE 2-Russia #39;s Severstal makes offer for Canada #39;s Stelco Russia #39;s OAO Severstal (CHMF.RTS: Quote, Profile, Research) made a bid for Stelco Inc. (STEa.TO: Quote, Profile, Research) on Tuesday, promising to take on the debts 