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Top 2 steel giants in competition to buy ThyssenKrupp US plant: reportAFP TOKYO--The world's two biggest steelmakers are planning to bid for a U.S. steel plant operated by Germany's ThyssenKrupp, a Japanese media report said Wednesday.
January 31, 2013, 12:06 am TWN ArcelorMittal and Japanese rival Nippon Steel & Sumitomo Metal Corp. are in final talks over a joint plan to buy the factory in the state of Alabama, the leading Nikkei business daily said. ThyssenKrupp's factory is estimated to be worth 130 billion yen (US$1.43 billion), the report said, without saying how much the pair would bid. |
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