ThyssenKrupp’s Brazil Plant May Attract Posco, Handelsblatt Says-Shanghai Metals Market

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ThyssenKrupp’s Brazil Plant May Attract Posco, Handelsblatt Says

Industry News 05:21:43PM May 16, 2012 Source:SMM

ThyssenKrupp AG (TKA)’s steel plant in Brazil may be of interest to South Korea’s Posco (005490) or Vale SA (VALE3), which already owns 27 percent of it, Handelsblatt reported, citing an interview with Heinrich Hiesinger, ThyssenKrupp’s chief executive officer.

Posco wants to expand in Brazil, the newspaper said.

ThyssenKrupp said yesterday that a sale of U.S. and Brazilian plants is among “strategic options” for its unprofitable Americas unit.

 

Key Words:  ThyssenKrupp   Brazil   plant   interest   Posco   Vale 

ThyssenKrupp’s Brazil Plant May Attract Posco, Handelsblatt Says

Industry News 05:21:43PM May 16, 2012 Source:SMM

ThyssenKrupp AG (TKA)’s steel plant in Brazil may be of interest to South Korea’s Posco (005490) or Vale SA (VALE3), which already owns 27 percent of it, Handelsblatt reported, citing an interview with Heinrich Hiesinger, ThyssenKrupp’s chief executive officer.

Posco wants to expand in Brazil, the newspaper said.

ThyssenKrupp said yesterday that a sale of U.S. and Brazilian plants is among “strategic options” for its unprofitable Americas unit.

 

Key Words:  ThyssenKrupp   Brazil   plant   interest   Posco   Vale