Hungarian Telex has reported that lot of positive things have happened in the past week in Dunaújváros with visit of Liberty Steel’s President Mr Sanjeev Gupta and Liberty Primary Steel’s CEO Mr Sandip Biswas to ailing Hungarian steelmaker Dunaferr. Sandip Biswas told Telex “"During the courtesy introduction, it was said that everything is very good, the managers looked at the blast furnace and the cold rolling mill. We started work again on Sunday afternoon, blast furnace 2 started up on Monday, we already tapped good material on Wednesday and a directional train carrying ore with 25 wagons arrived. We don't know exactly from where, but it was organized by Liberty, and we trust that there will be a continuous supply of materials from Ostrava and the Ukrainian border.” Liberty Stel has been holding talks with members of the Hungarian government and they also visited the Dunaújváros plant. They have also registered a Hungarian subsidiary Liberty Steel Central Europe in Budapest. Liberty Steel also sent coal in December to Dunaferr to keep the plant's coke ovens running. The Hungarian smelter, built in the 1950s, operates on the basis of ore imported from Russia and Ukraine. This is one of the reasons for the plant's problems as supplies from Russia are blocked and Ukraine has also lost a significant part of its iron ore production.
Hungarian Telex has reported that lot of positive things have happened in the past week in Dunaújváros with visit of Liberty Steel’s President Mr Sanjeev Gupta and Liberty Primary Steel’s CEO Mr Sandip Biswas to ailing Hungarian steelmaker Dunaferr. Sandip Biswas told Telex “"During the courtesy introduction, it was said that everything is very good, the managers looked at the blast furnace and the cold rolling mill. We started work again on Sunday afternoon, blast furnace 2 started up on Monday, we already tapped good material on Wednesday and a directional train carrying ore with 25 wagons arrived. We don't know exactly from where, but it was organized by Liberty, and we trust that there will be a continuous supply of materials from Ostrava and the Ukrainian border.” Liberty Stel has been holding talks with members of the Hungarian government and they also visited the Dunaújváros plant. They have also registered a Hungarian subsidiary Liberty Steel Central Europe in Budapest. Liberty Steel also sent coal in December to Dunaferr to keep the plant's coke ovens running. The Hungarian smelter, built in the 1950s, operates on the basis of ore imported from Russia and Ukraine. This is one of the reasons for the plant's problems as supplies from Russia are blocked and Ukraine has also lost a significant part of its iron ore production.
