Sao Paulo, Brazil-based iron ore mining company and flat rolled steel producer Companhia Siderurgica Nacional (CSN) might consider bidding for the German steel giant ThyssenKrupp's 73.1 percent stake in Brazil-based slab venture Companhia Siderúrgica do Atlântico (CSA), according to media reports.
The company is reported to be waiting for ThyssenKrupp to make details about the plant available before considering a possible bid.
In late May, Brazilian steelmakers Gerdau and Usiminas said that they were not interested in CSA, stating that they were focusing on their own ongoing projects. ThyssenKrupp is seeking a partner or buyer for its stake in CSA and a sister mill in the southern US after registering a decline in its profit before tax for the first half of the financial year 2011-12.