Dunaferr

The only working unit at the plant is the coke-chemical unit. The products are supplied to the Romanian plant Liberty Galati

The work of the coke-chemical division will be reduced to a minimum

This is explained by the high cost of production amid low prices for finished products

The Ukrainian company commented on the results of the bidding for the Hungarian steel plant

The company offered €55 million for the enterprise

GFG Alliance (the parent company of Liberty Steel) and Vulcan Steel are currently competing for the venture

Currently, the rolling capacities are idle, as the bidding for the steel plant continues

Three more applications were excluded for various reasons

The Hungarian company launched capacities in February-March, but this is unlikely to greatly improve investor interest in the asset

The country's government and the company's liquidator are seeking a quick sale of the asset

It is expected that customers will be able to receive products from Hungary already at the end of March

The Hungarian plant uses stock raw materials to start the unit, but additional supplies are needed for the stable operation of the furnace