Liberty Steel’s coil rolling plants in Belgium have started attracting some interest from potential buyers, according to local Belgian press reports.
India’s JSW Group has allegedly registered its interest for the purchase of the assets, while other steel suppliers are also evaluating the case. Liberty Steel declined to comment when contacted by Kallanish on Monday.
Liberty Steel’s Belgium-based assets include a series of lines for packaging steel located in Tilleur and two hot-dip galvanising lines located in Flemalle. The units can produce up to 1 million tonnes/year of hot-dip galvanized coil and 200,000 tonnes/year of packaging products. They were acquired by Liberty from ArcelorMittal in 2019.
Liberty Steel also controls HDG capacity in neighbouring Luxembourg. These lines, located in Dudelange, remain temporary idled but are not officially for sale.
Emanuele Norsa Italy