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4-Traders Homepage  >  Shares  >  Xetra  >  ThyssenKrupp AG    TKA   DE0007500001

THYSSENKRUPP AG (TKA)

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Real-time Quote. Real-time Tradegate - 07/02 04:02:16 pm
23.525 EUR   -0.95%
06/30DJSaab Wins $1 billion Submarine Deal With Sweden
06/30DJSAAB : Gets SEK8.6 Billion Submarine Orders From Sweden
06/24 THYSSENKRUPP : Stahl-Service-Center Acquires Herzog Coilex
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Bid Planned for ThyssenKrupp North American Steel

01/29/2013 | 09:36pm US/Eastern

TOKYO--Nippon Steel & Sumitomo Metal Corp. (>> Nippon Steel & Sumitomo Metal Corp) and ArcelorMittal (>> ArcelorMittal) are planning a joint bid to buy ThyssenKrupp AG's steel business in North America in order to ramp up automotive steel sheet production, the Nikkei reported Wednesday.

Among the potential suitors for ThyssenKrupp's plant in Alabama, estimated around 130 billion yen ($1.4 billion), are Brazil's Companhia Siderurgica Nacional and Japan's JFE Steel.

ArcelorMittal and Nippon Steel & Sumitomo Metal, the world biggest and the second biggest steel makers, jointly produce steel sheets for automobiles in the U.S.

Write to Tokyo Bureau at tokyo.djnews@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stocks mentioned in the article : Nippon Steel & Sumitomo Metal Corp, ArcelorMittal
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