Poland's steel mill privatizations catch U.S. Steel's eye

American concern U.S. Steel is reportedly among several companies interested in the upcoming privatization of steel mills Huta Sendzimira, Cedler, Florian and Katowice. Though the Treasury Ministry thus far has not disclosed the names of those eyeing the mills, the Americans have allegedly already submitted documents confirming their interest. What is not known, however, is whether the concern is contemplating acquiring all four, a select few or only one of the entities. Analysts speculate that U.S. Steel may be primarily interested in Huta Sendzimira, as its financial results have been improving as of late. The deal would mark the concern's debut in Poland, though it already owns steel mills in Slovakia. In November 2000 U.S. Steel took over a facility in Kosice, which provides components for steel production to Polish mills. (Puls Biznesu, p.10) J.K