Dunaferr

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

The company could not resume steel production due to the lack of supplies of raw materials from the Romanian Liberty Galati

The other is planned to be restarted in the coming weeks

In the next six months, a working group will search for an investor

Earlier, the municipal court of Budapest decided to liquidate the steel plant and granted temporary administration to the enterprise

In December, the court ruled on the liquidation of ISD Dunaferr, the liquidation began on January 5, 2023

In August and September 2022, the enterprise temporarily stopped the operation of two blast furnaces

The Hungarian authorities asked the Polish Liberty Steel to ship raw materials for Dunaferr in order to continue the operation of the coke batteries of the plant

The reason was the refusal of the Austrian Donau Brennstoffkontor GmbH to supply coke