By Diana Kinch 
 

RIO DE JANEIRO--Germany's ThyssenKrupp AG (TYEKY, TKA.XE) is inviting non-binding offers of purchase by Sept. 28 for its loss-making Steel Americas division, Brazil's Valor Economico business newspaper said Tuesday, without saying where it got the information.

Around 10 groups have already shown interest in the sale, Valor said, citing ThyssenKrupp sources. These include the steelmakers Ternium SA (TX), Companhia Siderurgica Nacional SA (CSNA3.BR, SID), or CSN, and ArcelorMittal (MT), according to the newspaper.

ThyssenKrupp decided in May to put up for sale its majority stake in the 5 million metric tons a year Companhia Siderurgica do Atlantico, or CSA, steel slab works in Brazil and a steel rolling mill in Alabama, following losses.

Goldman Sachs (GS) and Morgan Stanley (MS), which were appointed in June to conduct the sale, are now starting to distribute information on the two works to interested parties, Valor said, citing unnamed sources. Goldman Sachs is seeking potential buyers in Brazil and China, while Morgan Stanley is looking for potential buyers in the rest of South America, the U.S., Europe, South Korea and Japan, according to the newspaper.

Write to Diana Kinch at diana.kinch@dowjones.com

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