The Spectator, citing a report in Hospodárske Noviny daily, reported that US Steel Košice is supposedly for sale again. According to Hospodárske Noviny, several foreign companies have shown an interest in buying the steelworks. It says that negotiations have been underway for some time already, but there is no information as to how many investors are involved, what phase the negotiations are in, or what the offers are. The newspaper cited reliable sources in the east of Slovakia, but neither the company nor the Economy Ministry have provided a clear answer on the veracity of the story. This is not the first time reports have emerged claiming U. S. Steel was about to be sold. Five years ago, the company was reportedly considering two offers from Chinese buyers and one from a Czech firm.Market analyst suggest that the motivation behind the sale might be that the company's income for last year set an all-time record, thus the plant's sale price could be higher than the last time it was approached by buyers. The price is high because of both the income and the record high prices of steel.US Steel Košice sro is a steel company located in Košice in Slovakia. In November 2000, the ownership of the complete metallurgical operation of former Východoslovenské železiarne Košice was transferred to US Steel. It is an integrated steel producer with production capacity of 4.5 million tonnes of steel per year. It producesHot Rolled ProductsCold Rolled ProductsElectrical ProductsHot Dip Galvanized ProductsOrganic Coated ProductsTin-plated ProductsSpiral Welded Pipes
The Spectator, citing a report in Hospodárske Noviny daily, reported that US Steel Košice is supposedly for sale again. According to Hospodárske Noviny, several foreign companies have shown an interest in buying the steelworks. It says that negotiations have been underway for some time already, but there is no information as to how many investors are involved, what phase the negotiations are in, or what the offers are. The newspaper cited reliable sources in the east of Slovakia, but neither the company nor the Economy Ministry have provided a clear answer on the veracity of the story. This is not the first time reports have emerged claiming U. S. Steel was about to be sold. Five years ago, the company was reportedly considering two offers from Chinese buyers and one from a Czech firm.Market analyst suggest that the motivation behind the sale might be that the company's income for last year set an all-time record, thus the plant's sale price could be higher than the last time it was approached by buyers. The price is high because of both the income and the record high prices of steel.US Steel Košice sro is a steel company located in Košice in Slovakia. In November 2000, the ownership of the complete metallurgical operation of former Východoslovenské železiarne Košice was transferred to US Steel. It is an integrated steel producer with production capacity of 4.5 million tonnes of steel per year. It producesHot Rolled ProductsCold Rolled ProductsElectrical ProductsHot Dip Galvanized ProductsOrganic Coated ProductsTin-plated ProductsSpiral Welded Pipes