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16 Jul
14:17

Liberty Ostrava raises prices, plans 20% output cut

Liberty Ostrava has increased prices of all products by €20/tonne ($22) with immediate effect to offset recent increases in raw materials and energy costs that have squeezed margins, the firm announces. The former ArcelorMittal Ostrava plant, which became part of Liberty Steel on 1 July, will temporarily reduce steel production by 20% due to increased CO2 emissions, raw materials and energy prices. “Unfair” imports of steel from non-EU countries…
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