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15 news items from Romania. Show all
Romania's Liberty Galati has begun a partial restart of operations after securing tolling agreements with commodities trader Glencore and Turkish steel service center Kaiseri Metal Center (KMC), marking the first…
Romanian steel producer Liberty Galati will be put up for auction on June 19 with a starting price of EUR 444 mln (USD 514 mln), following approval of an amended restructuring plan by the Galati Tribunal. In addition…
Tenaris announced that it has entered into a definitive agreement to acquire 100pct of the share capital of Romania-based Artrom Steel Tubes S.A. from U.S.-based GLGH Steel LLC. The transaction value amounts to EUR 86…
Interpipe has completed the acquisition of ArcelorMittal Tubular Products' (AMTP) seamless pipe facility in Roman, Romania. The plant becomes Interpipe's first manufacturing asset within the European Union, supporting…
UMB Steel will restart its Otelu Rosu plant in Romania with the development of a new meltshop, supported by technology supplier Sarralle, as part of a project focused on modern, energy-efficient steelmaking. The…
ArcelorMittal has expanded its partnership with Romania-based Lio-Metal to promote the use of Magnelis coated steel, as the latter plans to phase out conventional galvanized steel across its product portfolio. Under the…
Liberty Galati has signed a memorandum of understanding with Romanian energy company Electrica to jointly develop renewable energy generation and storage facilities at its steelworks site. The agreement covers the…
Romania-based UMB Steel has commissioned SMS group to supply Europe's first Continuous Mill Technology (CMT 700) at its Otelu Rosu site. The new long steel products mill will be integrated into the existing steelmaking…
ArcelorMittal Hunedoara has signed an agreement to sell its assets to UMB Steel, part of Romania's UMB civil engineering group, for EUR 12.5 mln (USD 14.65 mln), the company said in a filing to the Bucharest Stock…
Romanian prosecutors have launched an investigation into an alleged USD 300 mln fraud involving CO2 emission certificates tied to Liberty Galati, the country's largest steel plant owned by Sanjeev Gupta's Liberty Steel…
Romanian steel producer, Liberty Galati SA's restructuring plan has been approved by the Galati Court, following a 52pct vote in favor from creditors. The plan, developed with administrators EURO Insol and CITR, aims to…
Tenaris has inaugurated its first solar energy park in Romania, marking a major step in its renewable energy strategy. The 20 MW facility, located in Calarasi, will supply electricity to the company's steel shop through…
Romanian steelmaker Liberty Galati, part of the Liberty Steel Group, has entered a pre-insolvency procedure to stabilize its business, optimize resource allocation, and attract new investments. The move comes amid…
Romania's ArcelorMittal Hunedoara has announced a temporary suspension of operations until March 31, 2025, citing rising energy prices and economic difficulties, according to local media reports. In response to these…
GLGH Steel, LLC has agreed to acquire Artrom Steel Tubes S.A., a Romanian producer of seamless steel tubes based in Slatina and Resita. The transaction is pending regulatory approval from Romanian authorities. GLGH…
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