LIBERTY Steel acquires first production plant in Poland

Published: 12.01.2021 Related countries:  New Zealand New Zealand, Australia Australia

LIBERTY is also preparing to buy the smelter in accordance with the procedure set by the court. By acquiring a company, the LIBERTY Group will strengthen its position in the European green steel sector.

LIBERTY Steel has leased the Polish metallurgical company Huta Czestochowa. At the same time, it resumed production and rolled the first thick steel sheets produced at the LIBERTY steelworks in Ostrava. Until the middle of 2021, Corween Investments leased the Polish smelter from the insolvency administrator and will rename it to LIBERTY Czestochowa. LIBERTY is also preparing to buy the smelter in accordance with the procedure set by the court. By acquiring a company capable of producing up to 0.7 million tonnes of steel per year in its electric arc furnace and up to 1.2 million tonnes of thick sheets in the rolling mill, the LIBERTY Group will strengthen its position in the European green steel sector.  

Source: Daily news | ČIA news Czech
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