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ArcelorMittal (MT) and Nucor (NUE) reportedly each bid $1.5B in separate offers for...
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Wednesday, January 16, 3:41 PM ETArcelorMittal (MT) and Nucor (NUE) reportedly each bid $1.5B in separate offers for ThyssenKrupp's (TYEKF.PK) steel operations in Alabama, while Siderúrgica Nacional submitted a $3.8B bid for the Alabama plant and a majority stake in a Brazilian facility. ThyssenKrupp, which invested $11.8B in the two plants, is expected to update shareholders at its annual meeting Friday.
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