Liberty Galati

The company notes an improvement in demand for thick sheet and hot-rolled coil

The shutdown of the unit took place during the Christmas holidays due to interruptions in the supply of raw materials

The total cost of the project is $2.22 million

The unit was idle for 69 days – from September 30 to December 9, 2023

The indicators of the steel division of the company are affected by the unfavorable situation in the EU steel market

The company is adapting to the difficult conditions for European steel producers

The reason was cited as problems with the supply of raw materials due to the weather in the Black Sea and a decrease in the water level in the Danube

The GFG Alliance notes that minor disputes do not affect the activities of the steel plant

By 2025, the company intends to install a cooling unit on a thick sheet mill

The company expands the portfolio of products with high added value

The blast furnace was shut down in December 2022