Posco considers purchase of TK’s Ala. facility

Sep 26, 2012 | 04:39 PM | Anne Riley

Tags  Posco, US Steel, ThyssenKrupp, Calvert, Alabama, Joon-Yang Chung, Anne Riley

CANCUN, Mexico — Posco Ltd. chief executive officer Joon-Yang Chung confirmed Wednesday that the global steelmaker could make a play for ThyssenKrupp AG’s flat-rolled facility in Calvert, Ala.

"We are considering taking part in that project, but it is not (finalized) yet," Chung told AMM during a question-and-answer period at the second annual Mexican Steel Conference hosted by Mexican steelmakers association Canacero.....

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