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LIBERTY Steel to Possibly Restructure Belgian Steel Plants

9/24/2021 - According to a press release from S&P Global Platts, LIBERTY Steel Group has announced a possible restructuring of its steel plants in Flémalle and Tilleur, Liège, Belgium.

In a statement to Platts, the company said, "On Monday morning, the management of LIBERTY Liège-Dudelange informed the works council of LIBERTY Liège, which comprises two plants in Flémalle and Tilleur, of the main aspects of a possible future organizational structure. This potential new structure has been identified as offering the best long-term future for the company, making it more likely that potential investment will be obtained to support this future."
The plan may involve mothballing one of Flémalle's two steel galvanizing lines, according to Platts.

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