Liberty Galati resumes the operation of blast furnace №5

The company is adapting to the difficult conditions for European steel producers
Ukraine and Romania agreed to open a new checkpoint

The checkpoint will primarily be designed for freight transport
Romania to re-auction wire producer Dan Steel

At the previous auction, the starting price of the company was at the level of €25.9 million, but the auction probably did not take place
Romanian Liberty Galati invests €30 million in improving the quality of sheet steel

By 2025, the company intends to install a cooling unit on a thick sheet mill
Ukraine will develop transport infrastructure on the border with Romania

According to the estimates of the Recovery Agency, this area can triple the freight flow
Liberty Galati invested $8.9 million in a new pipe coating line

The company expands the portfolio of products with high added value
Romania is considering energy support for the steel industry

The Ministry of Economy will promote two state aid schemes
Romanian wire producer Dan Steel will be auctioned for €25.9 million

The company has been in bankruptcy proceedings since the beginning of 2023
The port of Constanta increased iron ore transshipment by 46.9% y/y in 2022

Transshipment of ferrous metals for the year increased by 28.9% y/y
Russian TMK sold the Romanian pipe plant Artrom Steel Tubes

The sale of the company is likely due to pressure from the Romanian authorities to protect the industry from Russian business
Romania to invest $400 million in the restoration of the railway to the border with Moldova

The section Dermenesht – Vikshan – Kordon receives, in particular, international railway transportation from Ukraine

Liberty Galati
Romania’s Liberty Galati is shutting down its blast furnace for maintenance until 2023

Investments in unit maintenance are planned at the level of $3.9 million

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