THYSSENKRUPP shares are growing against the background of speculation on the sale of a Brazilian metrmotine plant

Another duck picked up by journalists on the sale of the Brazilian asset of the largest steel company by Germany Thyssenkrupp raised the cost of this company by 4 percent. After Reuters picked up a gossip from the American newspaper O Estado De Sao Paulo the cost of one THYSSENKRUPP rally rose to 16 euros, which became the highest price starting on June 5, when such statements (on the sale of a plant in Rio de Janeiro) were published on Bloomberg.

Today it is said that the German concern reached an agreement with the Brazilian company Companhia Siderurgica Nacional (CSN). The transaction will be announced in the very near future, after the operation to sell the asset will receive a blessing from the partner of ThyssenkrupP Vale, which owns 27 percent of the shares of this metallurgical plant.

As usual, none of the parties mentioned in this story gave any comments.

As far as we know, the CSN has been actively trading with the Germans since May of this year, trying to bring down the price of up to $ 3 billion. A month ago, the Brazilian plant was forced to stop the production of steel on one of the domain furnaces in connection with the claims of environmental services. The situation did not take to use the CSN, even more lowering my proposal and Thyssenkrupp had to urgently restart the loser in order not to lose in price.

No other metallurgical company demonstrates such an increase in promotions as Thyssenkrupp, analysts say. The market is waiting for news and expects that the German concern will improve its financial indicators and liquidity due to the sale of an asset.