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GFG Alliance
Latest News
Australia’s InfraBuild Lines Up Financing to Acquire Three U.S. Operations
01 June 2023 - InfraBuild, an Australian long products producer owned by Sanjeev Gupta’s GFG Alliance, has secured financing that will allow it to buy three U.S. wire rod operations also owned by GFG Alliance.
Australian Long Products Maker Sets Sights on U.S. Wire Rod Assets
17 November 2022 - Australian long products manufacturer InfraBuild intends to acquire the U.S. wire rod arm of its parent company, GFG Alliance.
LIBERTY Steel Georgetown to Restart Production Next Month
06 December 2021 - GFG Alliance has announced the planned restart date of its LIBERTY Steel USA rod mill in Georgetown, S.C., USA.
LIBERTY Steel UK to Restart Rotherham and Stocksbridge Operations
11 October 2021 - GFG Alliance announced Sunday that LIBERTY Steel UK’s Rotherham and Stocksbridge plants will come back on-line thanks to a £50 million cash injection.
LIBERTY Steel to Pilot New Sensor Network
16 September 2020 - LIBERTY Steel Group and another company under the GFG Alliance umbrella will test a pilot sensor system meant to reduce workplace accidents and improve efficiency.
Gupta Looks to Make Smaller Deals, and More of Them, in India
21 August 2020 - Having lost out in the bidding on several large stressed steel assets in India, industrialist Sanjeev Gupta is setting his sights on smaller plants, reports the Bloomberg news service.
GFG Alliance Accelerates Carbon Reduction Investment Plans
12 June 2020 - GFG Alliance is stepping up investment plans but will seek cost savings and efficiency gains throughout its global operations as it looks to adapt to a new environment.
GFG Alliance Reveals Plans for Australian DRI Plant, EAF
10 June 2020 - Sanjeev Gupta’s GFG Alliance will build a direct reduction plant and electric arc furnace (EAF) under a revised investment plan for its Whyalla steel works in Australia, the company has announced.
GFG Alliance Plans Upgrades to European Mills
20 February 2020 - Family-owned international conglomerate GFG Alliance said it is prepared to invest the equivalent of US$2 billion in upgrades to its European mills as it looks to lower carbon emissions, reports the Reuters news service.
GFG Alliance Enters Indian Steel Market Through Acquisition
18 February 2020 - GFG Alliance has acquired a distressed steelmaking operation in India for the equivalent of US$60 million in cash, giving the company its first foothold in the country.
More Details Emerge on New Australian Rail Mill
04 February 2019 - A new rail and heavy sections mill to be built at the GFG Alliance steel works in Australia will be capable of producing 750,000 metric tons annually, reports the equipment supplier on the project.
GFG Alliance Plans to Boost Steel Production in U.S.
16 January 2019 - GFG Alliance executive chairman Sanjeev Gupta said his company is considering plans to increase liquid steel production at its newly acquired Illinois wire rod mill and its restarted South Carolina facility.
GFG Alliance Completes Deal for U.S. Wire Rod Manufacturer
03 January 2019 - GFG Alliance has finalized its US$320 million acquisition of Keystone Consolidated Industries (KCI), a move that will help clear the way for a planned initial public offering, the company has announced.
GFG Alliance Acquiring Second U.S. Wire Rod Mill
03 December 2018 - Six months after restarting a shuttered wire rod mill in South Carolina, British industrialist Sanjeev Gupta is expanding his U.S. steel holdings.
GFG Alliance Plans Continued M&A in 2018
23 February 2018 - Metals entrepreneur Sanjeev Gupta said his company will continue to snap up assets this year while looking to build up the former Arrium in Australia, he tells the Reuters news service in an interview.
GFG Alliance Acquires Australian Coking Coal Mine
02 January 2018 - The family-owned company that acquired Australia’s Whyalla steel works last summer has a deal to buy a metallurgical coal mine that supplies it.
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