One of the largest steel companies in Brazil Companhia Siderurgica Nacional SA (CSN) is considered the main contender for the CSA on the KSA control room in Rio de Janeiro. However, negotiations on the purchase of a package of 73 percent of the shares belonging to Thyssenkrupp in this metallurgical enterprise may be disrupted, sources are reported to those familiar with the state of affairs. It is reported by Reuters.
"Without a missile system in Alabama (USA), CSN is not interested in the deal," the source said refused to name his name, since negotiations are private.
Thyssenkrupp has been trying to sell the "heritage" of the innovative activity of Gerhard Kromme for about a year. It was the former head of the German industrial giant who was accused of short -sightedness when two German factories in America were built with his participation: one in Brazil (they intended to use cheap rabbes and inexpensive local ore) and the second in the USA, Alabama (the cream should have been “removed” in the form of the final rolling of the Brazilian blanket and the sale of the Brazilian in the USA). However, the plans for the rapid enrichment of the Germans in America were not destined to come true. The sharp increase in Real Madrid and the second wave of the international crisis defeated the hopes of investors to fluff, and sent the edge itself to premature and shameful resignation.
Meanwhile, sources say that the CSN leadership is very close to Brazilian government officials, could be able to realize the German dream. However, the purchase of only part of the scheme does not suit the company. CSN can help increase the steel and port capacities of the CSA, but these investments do not make any sense without further rolling of steel workpiece in Alabama.csa today has the opportunity to produce up to 5 million tons of slabs per year.
If Thyssenkrupp does not agree to sell CSN all its American assets at once, then there will be no transaction
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Azovpromstal® 30 August 2013 г. 12:56 |