All applicants except CSN refused negotiations on the Brazilian INCOMMOTO COMPANIE THYSSENKRUPP

The only hope of Thyssenkrupp, the company Siderurgica Nacional SA (CSN) remained in the unprofitable Brazilian Metallurgical Plant, as all other applicants refused trading and left the negotiations. This was announced by one of the former applicants for the plant in the Rio Director General of Nucor Dan Dimicco.

"We went out, US Steel has come out and the Arcolormittal and Nippon Steel consortium refused to the deal," Dan told Bloomberg correspondent.

Thyssenkrupp spent more than a year of time, trying to get rid of the unprofitable heritage of the former head of the company Gerhard Kromme expelled with shame. The new general director of Thyssenkrupp Heinrich Haysinger is trying to sell American assets causing all greater losses of the company against the backdrop of the fall of demand for steel and under the pressure of inexpensive Chinese imports.

According to the official version of the press service of Thyssenkrupp, the company "is in an advanced stage of negotiations with leading applicants for American assets." However, recently it became known that negotiations with CSN were torn off due to the proposal from Lakshmi Mittal. The reason was the hypothetical $ 500 million, which could be obtained by Thyssenkrupp from the sale of the second metallurgical plant in Alabama. As a result of protracted negotiations, it was not possible to sell a share in the factory in Rio, nor the commercial in Alabama.

Meanwhile, the amount of losses over the past year amounted to 4 billion 500 million dollars, and from January to May, Thyssenkrupp lost about $ 800 million in America.

Thyssenkrupp owns 73 percent of the steel plant in Rio de Janeiro. Vale SA, the world's largest iron ore manufacturer and a supplier of raw materials at the roadway, owns the rest of 27 percent of the shares. The German company built a Brazilian facility with a capacity of 5 million tons of steel per year in order to supply steel slabs to the second plant in the USA and in Germany.

Herhard Kromme hoped that Thyssenkrupp would roll cheap steel slabs in Brazil and sell ready -made flat carbon steel rental from the factory in the United States at high prices. However, these plans were not destined to come true: while these two skills were built, the cost of labor in Brazil has grown, Real was strengthened in relation to the dollar and iron ore prices rose.

Nucor General Director, Dan Dimiko compared the American ThyssenkrupP factories with a beautiful car without wheels: "It looks like Ferrari, only without an engine, without wheels and without brakes."