Reuters, a person close to the process reported that 7 global steel companies have made first round bids for ThyssenKrupp steel mills in Brazil and the United States

As per report following firms have shown interest
1. ArcelorMittal
2. US Steel
3. POSCO
4. Nucor
5. JFE Steel Corp
6. BaoSteel
7. CSN

It is not immediately clear whether the bidders made offers for just one steel plant or for both mills, which are part of ThyssenKrupp's Steel Americas unit.

But the report added that POSCO, ArcelorMittal, US Steel and JFE declined to comment. BaoSteel had no immediate comment and Nucor was not immediately available.

The plants were meant to give ThyssenKrupp a foothold in the Americas, but the mills have had to struggle with rising costs and sluggish demand. ThyssenKrupp said in May it was considering all options for the loss-making steel mills, including a partnership or a sale, to halt the losses and concentrate on its European business.

Source - Reuters

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