keywords: stelco severstal toronto buy offers
text: Russia #39;s Severstal makes formal offer for Stelco Inc. amid &lt;b&gt;...&lt;/b&gt; TORONTO (CP) - Russia #39;s Severstal has made an offer to buy Stelco Inc., in what #39;s believed to be one of several competing offers emerging for the restructuring but profitable Hamilton steel producer.