CSN said in due diligence for Severstal NA

Jun 04, 2014 | 04:27 PM | Michael Cowden

Tags  steel, acquisition, due diligence, Cia. Siderúrgica Nacional, CSN, Severstal North America, Dearborn, Mich. mill Columbus

CHICAGO — Cia. Siderúrgica Nacional SA (CSN) is or may soon conduct due diligence as it mulls an acquisition of Severstal North America Inc.’s steelmaking assets, according to sources familiar with the matter.

While some market sources said the São Paulo-based steelmaker was conducting due diligence on the Dearborn, Mich.-based steelmaker, others said the process might not start for about another week.....

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