<p>Romania’s largest integrated steel producer LIBERTY Galati has reported its strongest annual production levels since 2010, with its Blast Furnace No 5 achieving 2.1 million tonnes of hot metal, the highest production level since its installation in 1978. The business reported a total production volume of 2.35 million tonnes in 2021, due to a range of operational and management efficiency improvements, and continues to increase its production level while transforming LIBERTY Galati into a low carbon GREENSTEEL producer.</p><p>LIBERTY Galati reported a range of record production results across the business in 2021: </p><p>Blast Furnace No 5 produced 2.1 million tonnes of hot metal, up 13% on 2020, and the highest production level achieved in 43 years.</p><p>The Hot Strip Mill achieved a production volume of 1.62 million tonnes, an increase of almost 20% compared to 2020, and the best record since 2017.</p><p>The Steel Melting Shop broke all records in the past 12 years - with 2.35 million tonnes of liquid steel production.</p><p>Crude steel volumes rose to 2.3 million tonnes in 2021.</p><p>LIBERTY Galati achieved the highest production at its Galva line since 2000, with 222,000 tonnes last year.</p><p>The Organic Coating Line also achieved the best production ever since line commissioning in Galati in 2017 - 88,000 tonnes, a 15% increase compared to 2020.</p><p>The production gains were underpinned by equally strong quality results. The improvements in the company’s production performance were achieved through a combination of continued employee commitment to the business as well as numerous operational investments since LIBERTY acquired the steelworks in 2019. These include:</p><p>EUR 13.5 million modernization of Hot Stove No 1, which has increased the performance and reduced the costs of the steelworks’ Blast Furnace No 5</p><p>EUR 5.5 million consolidation and automation project in the Hot Strip Mill allowing it to benefit from better markets in 2021, along with a series of digitalization and automation projects implemented in the Galati plant last year</p><p>EUR 6.3 million investments in a state-of-the-art coating pipes line for Tubular Products</p>
<p>Romania’s largest integrated steel producer LIBERTY Galati has reported its strongest annual production levels since 2010, with its Blast Furnace No 5 achieving 2.1 million tonnes of hot metal, the highest production level since its installation in 1978. The business reported a total production volume of 2.35 million tonnes in 2021, due to a range of operational and management efficiency improvements, and continues to increase its production level while transforming LIBERTY Galati into a low carbon GREENSTEEL producer.</p><p>LIBERTY Galati reported a range of record production results across the business in 2021: </p><p>Blast Furnace No 5 produced 2.1 million tonnes of hot metal, up 13% on 2020, and the highest production level achieved in 43 years.</p><p>The Hot Strip Mill achieved a production volume of 1.62 million tonnes, an increase of almost 20% compared to 2020, and the best record since 2017.</p><p>The Steel Melting Shop broke all records in the past 12 years - with 2.35 million tonnes of liquid steel production.</p><p>Crude steel volumes rose to 2.3 million tonnes in 2021.</p><p>LIBERTY Galati achieved the highest production at its Galva line since 2000, with 222,000 tonnes last year.</p><p>The Organic Coating Line also achieved the best production ever since line commissioning in Galati in 2017 - 88,000 tonnes, a 15% increase compared to 2020.</p><p>The production gains were underpinned by equally strong quality results. The improvements in the company’s production performance were achieved through a combination of continued employee commitment to the business as well as numerous operational investments since LIBERTY acquired the steelworks in 2019. These include:</p><p>EUR 13.5 million modernization of Hot Stove No 1, which has increased the performance and reduced the costs of the steelworks’ Blast Furnace No 5</p><p>EUR 5.5 million consolidation and automation project in the Hot Strip Mill allowing it to benefit from better markets in 2021, along with a series of digitalization and automation projects implemented in the Galati plant last year</p><p>EUR 6.3 million investments in a state-of-the-art coating pipes line for Tubular Products</p>