ArcelorMittal S.A.
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Publicatie datum
29 nov 2013 - 22:56
Statutaire naam
ArcelorMittal S.A.
Titel
ArcelorMittal acquires ThyssenKrupp Steel USA with Nippon Steel & Sumitomo Metal Corporation for US$1,550 million
Bericht
Luxembourg, Friday 29 November 2013 - ArcelorMittal today announces that it has entered into a 50/50 joint venture partnership with Nippon Steel & Sumitomo Metal Corporation ("NSSMC") to acquire 100% of ThyssenKrupp Steel USA ("TK Steel USA") from ThyssenKrupp for an agreed price of US$1,550 million.
TK Steel USA is a steel processing plant situated in Calvert, Alabama, with a total capacity of 5.3 million tonnes including hot rolling, cold rolling, coating and finishing lines.
The transaction - which is expected to deliver US$60 million of annual synergies - will be financed through a combination of equity and debt at the joint venture level.
Datum laatste update: 02 januari 2026