Liberty Steel - Latest news GMK Center

Funding from the Australian Government will go towards the installation of a new electric arc furnace at Liberty Steel's Whyalla plant

Thus, the company plans to increase capacity utilization

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

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 litigation concerns the companies' 2019 agreement

A two-week shutdown is planned, the reason being cited as insufficient demand in Europe

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

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

The company is likely to idle two blast furnaces at the Czech and Romanian plants in the near future

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

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