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ThyssenKrupp Postpones Results As Deal On U.S. Plant Nears

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November 19, 2013 AT 2:03 PM
German steelmaker ThyssenKrupp pushed back the publication of its annual financial results as talks to sell a steel plant in the United States entered the home stretch. ThyssenKrupp has been trying for more than a year and a half to find a buyer for its Steel Americas business - comprised of the plant in Calvert and a steel mill in Brazil - which has caused losses and sapped capital at Germany's biggest steelmaker for the past few years.