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
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