8th World Antimony Forum
TBD
Guiyang, Guizhou, China
12th Rare Earth Summit
TBD
Hangzhou, Zhejiang, China
11th Aluminum Raw Materials Summit
TBD
Hangzhou, Zhejiang, China
9th Magnesium Summit
TBD
Hangzhou, Zhejiang, China
13th World InBiGeGa Forum
TBD
Hangzhou, Zhejiang, China
7th World Antimony Forum
June 13-14, 2019
Changsha, Hunan, China
7th Refractory & Abrasive Materials Summit 2019
May 23-24, 2019
Qingdao, Shandong, China
10th Aluminum Raw Materials Summit
May 16-17, 2019
Zhengzhou, Henan, China
11th Rare Earth Summit
May 9-10, 2019
Qingdao, Shandong, China
8th Magnesium Summit
April 11-12, 2019
Zhuhai, Guangdong, China
12th World InBiGeGa Forum
March 14-15, 2019
Zhuhai, Guangdong, China
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.
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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.
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