[Ferro-Alloys.Com]Local media reported that ArcelorMittal and Nucor are among eight bidders in the race for Germany steel maker ThyssenKrupp's unprofitable US and Brazilian plants.

As per report, the Essen based steelmaker is currently evaluating the bids it has received from global steelmakers, including South Korea's POSCO, US Steel Corporation, Nucor Corporation, Japan's Nippon Steel and JFE Holdings, Latin America's Ternium SA, and Brazil's Companhia Siderúrgica Nacional.

German newspaper Die Welt had earlier reported that ThyssenKrupp may opt to shortlist two or three bidders next month.

After posting a EUR 1 billion loss for 2012 at its Brazil and the US operations, ThyssenKrupp had said in May that it is considering taking on a partner or sell its steel plants in Brazil and the US in the face of rising costs and slow demand in North America.

• [Editor:editor]