In a statement, the company said it will offer 41.75 million shares at between US$17 and US$19 per share. At the midpoint of that range, the offering would generate US$751.5 million. The company intends to list on the New York Stock Exchange and the Toronto Stock Exchange under the ticker symbol ZEK. 

Zekelman produced approximately 2.1 million tons of hollow structural sections, electrical conduit and standard pipe, among other products, during a 12 month period in 2017 and 2018. During that period, it posted net sales of US$2.6 billion. 

The company intends to use the proceeds to pay down debt. Zekelman Industries is a family-owned business, and the Zekelmans will retain a controlling interest after the offering is completed.