Italian-Argentine steelmaker Ternium (TX) may make a firm bid for ThyssenKrupp's (TYEKF.PK)...

|About: Ternium S.A. (TX)|By:, SA News Editor

Italian-Argentine steelmaker Ternium (TX) may make a firm bid for ThyssenKrupp's (TYEKF.PK) money-losing mill in Brazil, but its current proposal isn't very attractive, local reports say. Krupp is said to want to conclude the sale of its Steel Americas unit, which includes the Brazilian mill and another compound in Alabama, by September.