Liberty House
Latest News
GFG Alliance Lays Out an Ambitious Plan to Build a Very Large Steel Works
13 December 2018 - The Gupta family’s GFG Alliance is committing more than AU$600 million toward upgrades to its iconic steelworks in Whyalla, Australia, and is planning construction of a massive steelmaking plant at the site, the company has announced.
Gupta Pledges Multi-Million-Euro Investment in Romanian Steel Works
12 November 2018 - Sanjeev Gupta’s Liberty House Group is promising to invest EUR300 (US$337 million) in a Romanian steel works it is acquiring from ArcelorMittal, according to a Romanian publication.
Liberty House Expands Roster of Mills Yet Again
02 November 2018 - Metals entrepreneur Sanjeev Gupta and his Liberty House Group have reached a conditional agreement to buy two cold mills and other assets from ArcelorMittal, a strategic acquisition that expands the growing company’s presence in Europe.
Liberty House Adds Four European Steel Plants to Growing List of Assets
12 October 2018 - Sanjeev Gupta’s Liberty House Group has signed an agreement to buy four ArcelorMittal facilities in Europe, an acquisition that will double its rolling capacity to more than 15 million metric tons annually.
Sanjeev Gupta Wants to Buy a Shipyard – Where He'll Melt Ships in a Furnace
27 August 2018 - Steel entrepreneur Sanjeev Gupta, whose Liberty House has been buying up distressed assets in the U.S. and the U.K., has his sights on another target – a failing shipyard in India.
This Mill Once Faced Permanent Closure. Now It’s Growing.
08 August 2018 - A Scottish plate mill that was rescued from closure by Sanjeev Gupta's Liberty Steel is now on track to produce more than 120,000 metric tons this year, and even more in the following year, reports The Scotsman newspaper.
Former Gerdau Manager to Lead Revived South Carolina Mill
21 May 2018 - Liberty Steel USA, which is preparing to restart its recently acquired wire rod mill in Georgetown, S.C., has hired a new general manager to oversee the facility.
Liberty House Pulls U.S., U.K. Mills Out of the Mothballs
20 February 2018 - The United Kingdom’s Liberty House Group has restarted an idled electric arc furnace in England and said it plans to put a closed U.S. wire rod mill back into service within the next four months.
Steelmaker Closes on Deal for Shuttered Wire Rod Plant
21 December 2017 - British steelmaker Liberty House Group has completed its acquisition of a closed wire rod plant in South Carolina and plans to restart production this spring.
GFG Alliance Looks to Significantly Increase U.K. Steel Output
28 November 2017 - A family-owned group of companies has announced its intent to add 5 million metric tons of steelmaking capacity in the United Kingdom.
Report: Liberty House Nears Deal on U.S. Wire Rod Mill, But Uncertainty Remains
09 August 2017 - U.K.-based Liberty House Group is getting close to finalizing a deal to acquire a South Carolina wire rod mill, but zoning issues could wind up killing it, the company tells The (Charleston, S.C.) Post and Courier.
Tata Steel Completes Sale of U.K. Pipe Mills
02 August 2017 - Liberty House Group has finalized its acquisition of two large-diameter pipe mills in the U.K. the company has announced.
Old Port Poses An Obstacle to Wire Rod Mill Restart
28 July 2017 - Steel entrepreneur Sanjeev Gupta and his Liberty House Group are counting on using an aging port along the coast of South Carolina to serve a wire rod mil it hopes to acquire from ArcelorMittal and restart.
New Owner of Australian Steel Works Promises Big Investment
19 July 2017 - Steel entrepreneur Sanjeev Gupta said he and his family plan to invest nearly US$780 million in Australia’s integrated Whyalla steel works, according to reports.
Report: No Deal Yet on Closed Wire Rod Mill Acquisition
11 July 2017 - The sale of an American wire rod mill remains on hold while the buyer continues to seek financial incentives from the state of South Carolina, reports The (Charleston, S.C.) Post and Courier.
Liberty House Acquires Two Tata Pipe Mills
11 July 2017 - Metals entrepreneur Sanjeev Gupta’s Liberty House Group has reached a deal to acquire two large-diameter pipe mills from Tata Steel U.K.
Zoning Change Could Ruin Sale of Closed Mill, Says ArcelorMittal
01 May 2017 - A local zoning dispute has the potential to derail ArcelorMittal's plans to sell its shuttered wire rod mill in Georgetown, South Carolina, reports The Post and Courier newspaper.
U.K. Steelmaker to Acquire American Rod Mill
21 April 2017 - Liberty House Group, a commodities trader and steelmaker that has cobbled together a portfolio of U.K. production facilities, has a deal to acquire a shuttered mill in the United States.
Tata Strikes Deal to Divest U.K. Specialty Steel Business
10 February 2017 - Tata Steel has reached an agreement to sell its U.K. specialty steel business to metals entrepreneur Sanjeev Gupta and his Liberty House Group for 100 million pounds, Tata has announced.
Tata UK Finds a Buyer for its Specialty Steel Business
29 November 2016 - Tata Steel Ltd. has a preliminary deal to sell its U.K.-based specialty steel business to Sanjeev Gupta’s Liberty House Group, the company has announced.
