The largest steel manufacturer in Germany - ThyssenKrupp Steel Company is reviewing the sale part of the Europe steel business. In order to increase capital investment in the steel mills and ensure the steel mills independence,German RAG fund may purchase ThyssenKrupp shares.

Krupp Berkey fund has 25.3% share in hyssenKruppit, it is impossible to participate in the acquisition. Analysts expect that if Krupp Berkey fund loses its minority stake in veto power,ThyssenKrupp may become the received target.

In May, Heinrich Hiesinger,the ThyssenKrupp CEO , said the company is in the loss of American steel business and waiting to sell the business, but it does not rule out the possibility of increasing capital investment in the next 6-9 months.

                                                                        XINSTEEL NEWS