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ThyssenKrupp focused on performance at Brazil mill, not sale

2015-07-14 02:51:02| Steel - Topix.net

German conglomerate ThyssenKrupp AG is focused on improving performance at the company's steel mill in Brazil, and not currently on a sale of the asset, the Chief Executive for Brazil said on Monday. Speaking on the sidelines of a steel conference, Brazil CEO Walter de Castro Medeiros told reporters that teaming up with a partner was a potential long-term solution for the troubled CSA steel mill where construction was plagued by cost overruns and delays.

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