The Luxembourg plant is preparing for a new owner, awaiting the resumption of production
The bankrupt Liberty Steel Dudelange steel plant in Luxembourg has found a potential buyer, Kallanish reports, citing informed sources.
The asset manager has informed the trade unions that an agreement has been reached with the new owner, which, according to preliminary information, is a Turkish steel company.
Tosyali, which has previously expressed interest in acquiring European steel companies, could be a possible buyer. The company seeks to supply semi-finished products for further processing instead of competing with European rolled steel…