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Hungary - Latest news GMK Center

Photo – The Hungarian Dunaferr steel mill is idle due to a lack of raw materials
The Hungarian Dunaferr steel mill is idle due to a lack of raw materials

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

Photo – Hungary will provide $45 million to the Dunaferr steel plant to pay salaries
Hungary will provide $45 million to the Dunaferr steel plant to pay salaries

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

Photo – Liberty Steel signs contract to manage Hungarian Dunaferr – ArgusMedia
Liberty Steel signs contract to manage Hungarian Dunaferr – ArgusMedia

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

Photo – The Hungarian steel plant Dunaferr received a temporary administration
The Hungarian steel plant Dunaferr received a temporary administration

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

Photo – Liberty Steel will supply Dunaferr with coking coal to avoid plant shutdowns
Liberty Steel will supply Dunaferr with coking coal to avoid plant shutdowns

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

Photo – Hungary to support the growth of Ukrainian exports by rail
Hungary to support the growth of Ukrainian exports by rail

Few models of Ukrainian freight trains will be able to transport goods across Europe after switching the chasses

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