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Dunaferr - Latest news GMK Center

Photo – Liberty Steel: from great promise to the fall of an empire
Liberty Steel: from great promise to the fall of an empire

The company has now restarted the blast furnace in Galati and is making a last-ditch effort to save its UK assets

Photo – LIBERTY Dunaújváros decommissions two coke ovens
LIBERTY Dunaújváros decommissions two coke ovens

Coke production will end on June 12, but the shutdown process will continue for several months

Photo – Liberty and China’s CISDI finalize plans for EAF in Dunaújváros
Liberty and China’s CISDI finalize plans for EAF in Dunaújváros

The parties signed a contract for the completion of a full technical and economic feasibility study

Photo – Dunaferr looks forward to cooperation with the automaker Audi Hungary
Dunaferr looks forward to cooperation with the automaker Audi Hungary

Thus, the company plans to increase capacity utilization

Photo – LIBERTY restarts part of the rolling capacity of Hungarian Dunaferr
LIBERTY restarts part of the rolling capacity of Hungarian Dunaferr

As part of the 2024 production program, Dunaferr has restarted rolling mills and a galvanizing line

Photo – European Commission approved Liberty Steel’s acquisition of Hungarian Dunaferr
European Commission approved Liberty Steel’s acquisition of Hungarian Dunaferr

The EC concluded that the merger would not cause competition in the EU market, given the limited capabilities of the company

Photo – Dunafer suspends rolling lines due to slab shortage – Argus
Dunafer suspends rolling lines due to slab shortage – Argus

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

Photo – Liberty Steel to stop production at Dunaferr for three months
Liberty Steel to stop production at Dunaferr for three months

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

Photo – Liberty Steel is decommissioning the only operating blast furnace on Dunafer – Argus
Liberty Steel is decommissioning the only operating blast furnace on Dunafer – Argus

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

Photo – Tender for Dunaferr did not meet the criteria of transparency – Metinvest
Tender for Dunaferr did not meet the criteria of transparency – Metinvest

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

Photo – Liberty Steel won the tender to acquire Hungarian Dunaferr
Liberty Steel won the tender to acquire Hungarian Dunaferr

The company offered €55 million for the enterprise

Photo – Hungary has extended the deadline for submission of proposals for the acquisition of Dunaferr
Hungary has extended the deadline for submission of proposals for the acquisition of Dunaferr

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

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