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Thyssenkrupp received a non-binding offer from Liberty Steel for its steel unit in October.

The No.4 furnace at Gary has a rated annual capacity of 1.36 million st/year, according to data from the Association for Iron and Steel Technology.

The steelmaker has informed some customers that some orders for January production would have to be delayed until February.

US hot-rolled coil (HRC) prices continued their march upwards.