
US Steel may bid for ThyssenKrupp plant - Report
Pittsburgh Business Times reported that United States Steel Corporation is among the potential bidders for a USD 5 billion steel plant in Alabama being sold by ThyssenKrupp.
ThyssenKrupp is putting on the market the high tech steel plant, which was built in 2010, and said it wants to either partner with another company or sell the plant and another one in Brazil.
US Steel declined to comment but two other big steel companies, ArcelorMittal and Nucor Corporation said they were thinking about it.
Source - Pittsburgh Business Times
(www.steelguru.com)





