Romania - Latest news GMK Center

The newly announced deadline is May 9, but it may not be met

A $21.5 million investment will partially power the steelmaking facility in Kehlerash with clean energy

The company will become a key supplier of raw materials for the country's defense plants

The only flat-rolled steel producer in the country follows the fate of other Liberty Steel assets in Europe

Due to the influx of cheap imports and high electricity prices, European manufacturers are on the verge of survival

The company announced a suspension of operations until the end of March due to high electricity prices

The agreement, signed in November 2024, is pending approval by the Romanian authorities

Romanian company to suspend operations until the end of the year

The company signed a contract with a large electricity supplier in Romania

The company estimates capital investments in the first stage of the project in Romania at €160 million

The company notes an increase in demand for thick and coated rolled products

Transportation of ferrous metals in this direction amounted to 127,000 tons