23
Jul
16:07
Liberty wins race to acquire Ascoval and Hayange
French authorities have announced that Liberty Steel has been selected to take over the troubled rail mill of Hayange in northern France, as well as the steelmaking plant of Ascoval in Saint-Saulve.
The government now needs to define and approve the conditions of the sale. The French units attracted a lot of interest from other groups, including ArcelorMittal, JSW Steel and Jingye.
Ascoval can produce between 250,000 tonnes/year and 600,000 t/y of semi-finis…
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Anonymous
Very good overview of the weekly steel market.
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