If U.S. Steel Košice Is for sale, Government will consider buying stake

If U.S. Steel decides to sell its steelworks in Košice, the state will consider buying its part, Prime Minister Robert Fico said at an HNClub debate on Monday. However, the Government doesn't have any specific information on the U.S. Steel's alleged plans to sell the Košice steel mills. The business news website biztweet.eu, the Czech business weekly EURO and the Slovak daily newspapers SME and Hospodárske Noviny in early December reported that U.S. Steel has received purchase bids both from a Chinese company and the Czech steel mills in Třinecké Železárny, which belong to the Czech-Slovak group Moravia Steel. According to HN, the bids were presented in Pittsburgh a few days earlier. However, the Czech company's offer was rejected in the meantime, sources told the daily. The Chinese bid was probably presented by steel giant Hesteel Group. Meanwhile, U.S. Steel hasn't provided any comments on the situation.