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...THYSSENKRUPP Chairman, the supply of low-cost, high-quality slabs from Brazil will allow his company to harness growth opportunities in its core European market as well as in the NAFTA region.
Under the terms of the collaborative agreement, THYSSENKRUPP will hold a 90% stake in the venture. Construction plans under consideration call for building a mill with an installed production capacity of 2.4 million tons per year (t/y) up from the initially announced 4.4 million t/y. The cost to complete the project, by 2009, has been estimated at...
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