Steel Group Interested to buy Liberty Steel Dudelange Luxembourg

RTL reported that Luxembourg’s Minister of the Economy Franz Fayot and Minister of Labour Georges Engel met with representatives of the Independent Luxembourg Trade Union Confederation OGBL and the Luxembourg Confederation of Christian Trade Unions LCGB as well as the Liberty Steel personnel delegation in Dudelange to discuss the future of the site. Following the meeting, the Economy Minister repeated that "A player from the industrial sector is interested in purchasing the site, without revealing the identity of the potential buyer.” According to Fayot and the trade unions, the management of Liberty Steel is acting in a potentially abusive manner, even compromising the economic future of the Dudelange site. Mr Fayot has called the management of Liberty Steel's Luxembourgish subsidiary to take a position on this matter. In recent months, two names have emerged Russian steel group NLMK and German Salzgitter. Liberty Steel's operations in Belgium and Luxembourg are currently suspended, at least until the end of the year.

Steel Group Interested to buy Liberty Steel Dudelange Luxembourg

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