ThyssenKrupp Plant in Alabama Sold to ArcelorMittal/Nippon Steel Joint Venture, an Industrial Info News Alert SUGAR LAND, TX -- (Marketwired) -- 12/04/13 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- It's final: ThyssenKrupp Steel Americas LLC has sold its steel complex in Calvert, Alabama, to ArcelorMittal (NYSE:MT) (Luxembourg, Luxembourg) and Nippon Steel & Sumitomo Metal Corporation (NSSMC) (Tokyo, Japan), in what will be a 50:50 joint venture partnership, for $1.55 billion. The complex has a total annual capacity of 5.3 million metric tons per year. It includes hot rolling, cold rolling, coating and finishing lines. For details, view the entire article by subscribing to Industrial Info's Premium Industry News at http://www.industrialinfo.com/news/abstract.jsp?newsitemID=239707&refer=mw, or browse other breaking industrial news stories at www.industrialinfo.com. Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and nine international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle(TM), provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page. Contact: Joe Govreau 713-783-5147
ThyssenKrupp Plant in Alabama Sold to ArcelorMittal/Nippon Steel Joint Venture, an Industrial Info News Alert
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