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The Australian bank Macquarie Group and the commodities trader Gunvor are said to be among the leading contenders

The company’s management has promised to continue the dialogue with investors

Investment strategies in the region are shifting towards securing strategic production capacity

According to sources, the corporation is in talks with Macquarie Group

The American company expects this to expand its product portfolio and geographical presence

The company notes that all regulatory conditions for closing the deal have already been met

The steel and pipe assets are being offered at a reduced starting price of €463 million

The regulator concluded that the transaction does not create significant barriers to competition in the Romanian market

Both companies say the process is ongoing

No bids were submitted at the auction on March 12

The German company has been in negotiations with Jindal Steel International since autumn 2025

SGH and Steel Dynamics maintain plan to split Australian steel producer's assets