In a press release, the Stahl-Holding-Saar (SHS) Group said that they have received regulatory approval to purchase LIBERTY Ascoval and LIBERTY Rail Hayange after reaching a tentative agreement last month. According to the SHS Group, the mills will play a central role in the company’s new business transformation strategy, which focuses on green steelmaking, supplying rail for sustainable mobility solutions, and expanding into the automotive sector and global markets.

You can read the full release here.