Waterford Capital Partners has acquired the former Duferco Danish Steel plant in Frederiksvaerk, Denmark, and is offering the entire facility for sale and relocation.
The package comprises a 300,000 tonnes/year merchant bar hot rolling mill built by Moeller & Neumann, and two cold drawing lines for bright steel, Kallanish hears from Waterford. Included in the sale are 14 overhead travelling cranes, a service centre, laboratory, maintenance workshop, approximately 1,000 spheroidal graphite cast iron rolls and the associated spare parts inventory.
The range of products includes hot rolled merchant bar flats of 25-160mm, rounds of 16-70mm, squares of 16-50mm, angles 30-80mm, and more. In cold drawn bright steel, the two lines produces flats from 20 x 4mm-150 x 30mm, rounds and squares of 20-50mm, with hexagon achievable.
The guidance price given by Waterford is € 12.5 million ($14.3m) for the complete plant, ex-works Frederiksvaerk.
The plant was in production until closure and is offered as a working line. According to Waterford, it has been modernised continuously by Danieli. A dismantling and relocation tender is being run in parallel, Waterford notes. A buyer takes over the plant ex-works and will need to work with one of the recommended dismantling parties, it says.
Author: Christian Koehl
