Romania puts ailing Liberty Galați steel plant up for sale

Romania has launched the auction for the sale of the Liberty Galați steel plant for EUR 709 million, slightly higher than the initially announced figure. The public auction has been scheduled for March 12.

The assets of Liberty Galați and those of Liberty Tubular Products Galați are being sold together as a whole at a total starting price of EUR 709.1 million, of which EUR 690 million is the starting price of the Liberty Galați assets.