ThyssenKrupp (TYEKF.PK) is considering selling its two-year old $5B high-tech steel plant in...

|About: ThyssenKrupp AG (TYEKF)|By:, SA News Editor

ThyssenKrupp (TYEKF.PK) is considering selling its two-year old $5B high-tech steel plant in Alabama and its $6.8B facility in Brazil after a strategy to transport slabs from the latter facility for processing into high-grade sheets in the U.S. factory led to massive losses. Those officially or unofficially interested in the Alabama plant include Nucor (NUE), U.S. Steel (X) and ArcelorMittal (MT).