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Liberty Steel - Latest news GMK Center

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 – Liberty Steel and Vulcan Steel will compete for Hungary’s Dunaferr
Liberty Steel and Vulcan Steel will compete for Hungary’s Dunaferr

Three more applications were excluded for various reasons

Photo – Court postpones decision on bankruptcy of Liberty Liege
Court postpones decision on bankruptcy of Liberty Liege

The Wallonia region is in talks with Liberty Galati about a possible loan offer

Photo – Liberty Galati invested $8.9 million in a new pipe coating line
Liberty Galati invested $8.9 million in a new pipe coating line

The company expands the portfolio of products with high added value

Photo – Liberty Steel is seeking to overturn a court order on rolling assets in Belgium
Liberty Steel is seeking to overturn a court order on rolling assets in Belgium

At the end of April, the court rejected all three applications for the acquisition of enterprises in Liège

Photo – The court rejected all applications for Liberty Steel’s rolling assets in Belgium
The court rejected all applications for Liberty Steel’s rolling assets in Belgium

Local unions have previously expressed support for Liberty Galati's bid

Photo – Three bids received to buy Belgian Liberty Steel plants
Three bids received to buy Belgian Liberty Steel plants

ArcelorMittal, Marcegaglia together with NLMK, and Liberty Steel itself are interested in acquiring assets

Photo – Liberty Steel ordered electric arc furnace for Australian plant
Liberty Steel ordered electric arc furnace for Australian plant

The company is also planning a direct reduction plant with a capacity of 1.8 Mt

Photo – GFG Alliance acquired Aartee’s Italian assets
GFG Alliance acquired Aartee’s Italian assets

This move will allow Liberty Steel to increase its customer base and product range in Italy

Photo – GFG Alliance is trying to gain control of UK-based Aartee Bright Bar
GFG Alliance is trying to gain control of UK-based Aartee Bright Bar

Aartee Bright Bar is under administration from 6th February

Photo – World steel producers are interested in buying the Belgian plants of Liberty Steel
World steel producers are interested in buying the Belgian plants of Liberty Steel

India's JSW Steel, Luxembourg's ArcelorMittal and Russia's NLMK are interested in acquiring the Tilleur and Flémalle plants

Photo – Liberty Steel UK will concentrate on the production of high-margin products
Liberty Steel UK will concentrate on the production of high-margin products

Due to uncompetitiveness, the company will stop several factories that produce unprofitable products

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