• Zinc Conc. TC 50% CIF Chinaup(30)  07-01|Copper Conc. TC 25%min CIF Chinadown(-3)  07-01|Calcium Ingot Reductive 98%min EXW Chinaup(450)  07-01|Samarium Cobalt 30H EXW Chinaup(6)  07-01|Zircon Sand S.A. Zr(Hf)O2 65%min CIF Chinadown(-40)  07-01|Silicon Metal 7-8-3 Ex-VAT FOB Chinaup(30)  07-01|Cobalt Metal 99.8%min In warehouse Rotterdamup(0.4)  07-01|Silicon Metal 5-5-3 Ex-VAT FOB Chinaup(30)  07-01|Calcium Granule Reductive 98%min EXW Chinaup(500)  07-01|Silicon Metal 4-4-1 Ex-VAT FOB Chinaup(30)  07-01|Silicon Metal 7-8-3 FOB Chinaup(30)  07-01|Silicon Metal 5-5-3 FOB Chinaup(30)  07-01|Silicon Metal 4-4-1 FOB Chinaup(30)  07-01|Chrome Conc. 40%min FOB S.A. down(-5)  07-01
  • Liberty Steel plans to invest EUR200 mln in Galati steel plant

    2019-09-03 15:35:23   [Print]
    Liberty Steel plans to invest around EUR 200 million in its newly acquired Galati steel plant in order to maintain capacity, expand product ranges and make more higher quality products.

    Liberty Steel completed in July the acquisition of seven major steelworks and five service centers across seven European countries from ArcelorMittal, including the steel plant located in Galati, eastern Romania. The group paid EUR 740 million to ArcelorMittal for the plants located in the Czech Republic, Romania, North Macedonia, Italy and Belgium.

    Chief Executive Officer Jon Bolton told that Liberty Steel plans to invest more than EUR 400 million in five years at the seven sites to maintain capacity, expand product ranges and make more higher quality products as the industry faces challenges from US tariffs. About half of the investment will go to the Galati plant in Romania, as growth prospects there are better than in other parts of Europe, according to Bolton.

    .Asian Metal CopyrightLiberty Steel plans to invest around EUR 200 million in its newly acquired Galati steel plant in order to maintain capacity, expand product ranges and make more higher quality productsAsian Metal Copyright
      Copyright © Asian Metal Ltd All rights reserved.