Business Review has reported that Romania’s largest steelmaker LIBERTY Galati will restart Blast Furnace No 5 in mid-March 2023 on signs of market recovery in Europe supported by improvements in input costs and pricing. LIBERTY Galati Chairman Mr Ajay Aggarwal said “With signs of a market recovery in Europe and the successful upgrades made to Blast Furnace No 5 we can start to plan for a restart in mid-March. During the care and maintenance period, we have retained all employees and continued to invest in our plant and product enhancements that will improve the profitability of the business.”The furnace has undergone a RON 18.3 million (EUR 3.67 million) care and maintenance program since December which has increased its safety, stability, reliability, and energy usage performance and will ensure the company is in a strong position for the expected market recovery. Work during the care and maintenance period involves the replacement of the wear plates and two of the BLT gears, unblocking the skip pit and the BF scrubber as well as cleaning the BF shaft and top platforms.
Business Review has reported that Romania’s largest steelmaker LIBERTY Galati will restart Blast Furnace No 5 in mid-March 2023 on signs of market recovery in Europe supported by improvements in input costs and pricing. LIBERTY Galati Chairman Mr Ajay Aggarwal said “With signs of a market recovery in Europe and the successful upgrades made to Blast Furnace No 5 we can start to plan for a restart in mid-March. During the care and maintenance period, we have retained all employees and continued to invest in our plant and product enhancements that will improve the profitability of the business.”The furnace has undergone a RON 18.3 million (EUR 3.67 million) care and maintenance program since December which has increased its safety, stability, reliability, and energy usage performance and will ensure the company is in a strong position for the expected market recovery. Work during the care and maintenance period involves the replacement of the wear plates and two of the BLT gears, unblocking the skip pit and the BF scrubber as well as cleaning the BF shaft and top platforms.
