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Liberty Steel makes non-binding offer for Thyssenkrupp steel unit

FILE PHOTO: ThyssenKrupp steel factory in Duisburg
FILE PHOTO: ThyssenKrupp steel factory in Duisburg

FRANKFURT (Reuters) - Privately-held Liberty Steel has made a non-binding offer for the steel unit of German conglomerate Thyssenkrupp <TKAG.DE>, the group said on Friday.

"Liberty Steel is convinced that a combination with Thyssenkrupp Steel Europe can be the right answer from an economic, social, and environmental perspective," the group said in a statement.

No financial details were disclosed.

(Reporting by Christoph Steitz; Editing by Riham Alkousaa and Caroline Copley)