Liberty House
Latest News
EU Regulators OK Liberty Steel Acquisition of Hungarian Mill
05 October 2023 - The European Commission has signed off on Liberty Steel’s plan to acquire the entirety of Hungary-based steelmakers ISD Dunaferr and ISD Kokszoló.
LIBERTY Steel USA Refinances Debt
16 December 2022 - LIBERTY Steel USA has refinanced a term loan and raised an existing asset-based lending facility to US$150 million, moves that will provide the wire rod producer with additional liquidity, the company has announced.
U.K. Mill Testing Biomass-Based Coke
01 June 2022 - U.K.-based LIBERTY Specialty Steels is trialling a new biomass-based coke at its Rotherham facility, according to the company that makes it.
Two Mills Sign Up for Danieli Spare Parts Service
01 December 2020 - LIBERTY Steel Group’s Galati plant in Romania and Marcegaglia San Giorgio di Nogaro plant in Italy have signed three-year spare parts contracts with Danieli Service.
LIBERTY Steel Adds Two French Mills to Portfolio
14 August 2020 - LIBERTY Steel Group has acquired the Hayange rail mill and Ascoval steel works in France, giving the facilities a new lease on life.
Former ArcelorMittal Leader Joins Liberty Steel
18 May 2020 - Liberty Steel Group has hired former ArcelorMittal executive Paramjit Kahlon to oversee Liberty’s primary steelmaking and mining operations, the company has announced.
LIBERTY Steel Sets Management Board, Names U.S. Leadership
16 April 2020 - LIBERTY Steel Group has assembled a board of directors to steer the business and named two industry veterans to oversee operations in Europe and the U.S.
Liberty Announces Layoffs at U.K. Mills
10 January 2020 - Citing challenging market conditions, Liberty Steel Group will lay off up to 355 employees at its U.K. mills in South Yorkshire and South Wales, the company has said.
Liberty Steel to Acquire Bankrupt Bayou Steel for US$28 Million
26 December 2019 - Sanjeev Gupta’s Liberty Steel Group has been named the preferred buyer for bankrupt long products maker Bayou Steel Group, which suddenly halted operations this fall and laid off more than 400 people.
Report: Big River, Liberty Steel Eye Electrical Steel Plant
12 December 2019 - Tata Steel Europe will mothball rather than permanently close its electrical steel plant in Wales while two potential buyers, one of which is said to be Big River Steel, kick the tires on the facility, according to the South Wales Argus newspaper.
Liberty Steel Announces Two Senior Appointments in Its European Business Unit
09 December 2019 - Pascal Genest was appointed chief executive of Liberty Ostrava, part of GFG Alliance’s Liberty Steel Continental Europe, the company has announced.
Gupta Family Steel Mills to Unite Under One Flag, Liberty Steel Group
29 October 2019 - Sanjeev Gupta’s GFG Alliance will consolidate its steel operations into a single, global entity with 18 million metric tons of rolling capacity, Gupta announced Tuesday.
Liberty House Revisits Bid for British Steel
23 October 2019 - Sanjeev Gupta’s Liberty House Group has renewed discussions about taking over financially troubled British Steel, the U.K.’s second-largest steel producer, according to Sky News.
Liberty Steel To Invest US$25 Million in New EAF, Improvements to Georgetown Works
07 October 2019 - Liberty Steel USA will install a new electric arc furnace at its Georgetown, S.C., wire rod mill and make other improvements to its meltshop, the company has announced.
Liberty Steel to Begin EUR400 Million Expansion of European Steel Works
19 September 2019 - Sanjeev Gupta, Liberty Steel founder and international metals and industrial entrepreneur, pledged EUR400 million over five years to build Liberty Steel’s newly acquired European steel works into a major force in the global steel industry.
Liberty Steel Sets European Investments
03 September 2019 - Sanjeev Gupta’s Liberty Steel plans to invest more than US$443 million over the next five years in its newly acquired European mills, Liberty Steel chief executive Jon Bolton tells Bloomberg news service.
Liberty Steel Hires New Sales VP
26 July 2019 - Wire rod maker Liberty Steel USA has named long products veteran Tim Dillon to lead its sales and marketing effort.
Liberty Finalizes Acquisition of European Mills
02 July 2019 - Sanjeev Gupta’s Liberty Steel has closed on its EUR740 million acquisition of several ArcelorMittal Europe steel plants, completing a deal that establishes Liberty as one of the biggest steelmakers in the continent.
Liberty Steel Acquires Pennsylvania Wire Maker
13 June 2019 - Pennsylvania-based Johnstown Wire Technologies (JWT) has been sold to Sanjeev Gupta's Liberty Steel USA for an undisclosed amount, the company has announced.
To Grow, Liberty Steel USA Will Have to Expand Into Flat-Rolled Markets, Executive Says
14 March 2019 - Between its reopened wire rod mill in South Carolina and its newly acquired mill in Illinois, Sanjeev Gupta’s Liberty Steel USA is producing at an annualized rate of a little more than 1 million tons.
