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Liberty Steel - Latest news GMK Center

Photo – Liberty Częstochowa appeals against the bankruptcy court decision
Liberty Częstochowa appeals against the bankruptcy court decision

The company declares that there is significant support from the creditor, and the prerequisites for obtaining a loan at the level of €100 million

Photo – Liberty Czestochowa may start bankruptcy proceedings due to financial problems
Liberty Czestochowa may start bankruptcy proceedings due to financial problems

A temporary administration was introduced at the enterprise

Photo – Liberty Steel plans to sell steel plant in Ostrava – Argus
Liberty Steel plans to sell steel plant in Ostrava – Argus

The company is withdrawing the restructuring plan, as its execution is hindered by the weak steel market in Europe and other factors

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 Steel again idles blast furnace at Romanian plant – Argus
Liberty Steel again idles blast furnace at Romanian plant – Argus

The reason for such a step was a difficult market situation

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 – Liberty considers recapitalization or sale of assets in Western Europe
Liberty considers recapitalization or sale of assets in Western Europe

The company initiated a strategic review of enterprises in Benelux and Italy

Photo – Liberty Steel restructures UK business after deal with creditors
Liberty Steel restructures UK business after deal with creditors

The company plans to consolidate its business in the country under a new legal entity

Photo – Polish Liberty Częstochowa prepares to resume production
Polish Liberty Częstochowa prepares to resume production

The plant's steel division and rolling mill have been idle since the end of October 2023

Photo – Liberty Ostrava expects to launch blast furnace on June 1
Liberty Ostrava expects to launch blast furnace on June 1

The unit will resume operation this year if an agreement is reached with Tameh, or on January 1, 2025, if no agreement is reached.

Photo – GFG Alliance plans to receive green hydrogen from a hub in South Australia
GFG Alliance plans to receive green hydrogen from a hub in South Australia

The group is committed to decarbonising steel production at its Australian facility

Photo – Trade unions criticize Liberty Steel for irresponsible asset management in Europe
Trade unions criticize Liberty Steel for irresponsible asset management in Europe

They demand the European Commission to create a crisis working group on GFG Alliance/Liberty

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