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Liberty Steel Blast Furnace/BOF Mill Restructuring in Galați

Sector: Manufacturing (Industrial) • Location: Galați, Romania

Source: Recycling Today

Project
Under Restructuring

The Liberty Steel blast furnace/basic oxygen furnace (BOF) mill in Galați, Romania, has been granted a 30-day extension until early August to reach a restructuring agreement with creditors. The mill had been idle for several months before some equipment was restarted in early July, increasing daily costs to over $4.6 million and adding financial pressure. The mill has growing debts of approximatel

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The project “Liberty Steel Blast Furnace/BOF Mill Restructuring in Galați” is an infrastructure initiative in the Manufacturing (Industrial) sector, located in Galați, Romania. Taiyo aggregates data on it from Recycling Today.

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Participants

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Status

Original status

under restructuring

Taiyo status

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Email

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Description

Description

The Liberty Steel blast furnace/basic oxygen furnace (BOF) mill in Galați, Romania, has been granted a 30-day extension until early August to reach a restructuring agreement with creditors. The mill had been idle for several months before some equipment was restarted in early July, increasing daily costs to over $4.6 million and adding financial pressure. The mill has growing debts of approximately $1 billion.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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