AK Steel May Join Race for ThyssenKrupp Assets

  • Thursday, October 25, 2012
  • Source:

  • Keywords:steel
[Fellow]

[Ferro-Alloys.Com]It is reported that AK Steel Holding Corp might be interested in the two steel mills in Brazil and the United States that Germany's ThyssenKrupp has put up for sale.

AK Steel CEO Mr James Wainscott said on a conference call with Wall Street analysts that “Everybody is interested under the right circumstances; we could certainly have an interest as well.”

Mr Wainscott said “I would just acknowledge that there will be a lot of challenges to work through. But there are interesting assets. Candidly, there are assets that are an awful lot like the plant we built at Rockport (Indiana) some 15 years ago and there are assets that are of interest to a lot of folks, including AK Steel.”

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