US Steel submits amended offer for PHS
Treasury Ministry of
Poland has released an announcement that
US Steel has submitted an amended offer for the privatisation process of the Polish steel mills PHS.
The terms of the offer have not been identified yet.
The original bidding took place in April 22, 2003 with
US Steel and LNM Holdings. And
US Steel has now progressed with two other organizations to the third round of bidding.
Treasury Ministry of
Poland considers to identfy the winning bidder in approximately two weeks.