30
Nov
11:25
Ostrava secures creditor moratorium, eyes restructuring, BF restart
A Czech court has granted Liberty Ostrava a specific creditor moratorium against its energy supplier. This will allow the steelmaker to execute its restructuring plan, which involves restarting blast furnace no.3 and ramping up production, a company spokesperson tells Kallanish.
“This step aims to allow the business to negotiate terms on securing energy at normal market rates. It does not include any other LIBERTY Steel company and will not impact day-to-day…
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Anonymous
Very good overview of the weekly steel market.
Anonymous