You are here: Home > Steel News > Latest Steel News > ArcelorMittal...

ArcelorMittal submits bid for ThyssenKrupp’s Alabama rolling mill

Thursday, 10 January 2013 01:56:49 (GMT+3)   |   San Diego
       

Global news reports Wednesday indicated that steelmaking giant ArcelorMittal submitted a bid to purchase ThyssenKrupp AG's Calvert, Alabama flat rolled mill. The reports cited ArcelorMittal CFO Aditya Mittal during a conference call Wednesday, when he said that the mill is "clearly a world class asset in terms of quality and capability."

The company did not comment, however, on whether it bid for the Alabama and Brazilian operations as well or just the Calvert mill. During the conference, Mittal suggested that ArcelorMittal is already capable of supplying slabs to Alabama from its US, Brazilian, and Mexican steelmaking operations.


Similar articles

Flat steel prices in local Taiwanese market - week 46, 2024

14 Nov | Flats and Slab

Tosyalı-Toyo starts trial production at tin production capacity increase project

12 Nov | Steel News

Baosteel keeps its HRC price stable for December

12 Nov | Flats and Slab

Turkish flats market remains weak, HRC prices soften only slightly

07 Nov | Flats and Slab

Flat steel prices in local Taiwanese market - week 45, 2024

07 Nov | Flats and Slab

Flat steel prices in local Taiwanese market - week 44, 2024

31 Oct | Flats and Slab

Flat steel prices in local Taiwanese market - week 43, 2024

24 Oct | Flats and Slab

Flat steel prices in local Taiwanese market - week 42, 2024

17 Oct | Flats and Slab

Turkish domestic and export HRC prices firm, coated and CRC prices surge

15 Oct | Flats and Slab

Baosteel raises its HRC price by $71/mt for November

11 Oct | Flats and Slab