Nova Hut bids still up for grabs

Nova Hut bids still up for grabs

In addition to a bid by LNM, two other firms say they are interested in a joint bid on the Czech Republic's Nova Hut as well. U.S. based Commercial Metals and a local Czech firm known as Trinecke zelezarny (Trinec) report plans for negotiations with the Czech government. Sources report LNM's period of exclusivity on its bid ends May 23 with the firm's bid up for discussion today.