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Arcelormittal Remains In Contention For Liberty Steel France Assets

Liberty Steel is undergoing restructuring to offload assets post collapse of GFG's financier Greensill
Liberty Steel is undergoing restructuring to offload assets post collapse of GFG's financier Greensill
Global steel giant ArcelorMittal remains in the running for Liberty Steel's key French activities, Liberty's troubled parent group GFG Alliance said, despite news of a provisional deal with Germany's Saarstahl. The French Treasury had announced Thursday that an agreement in principle has been signed between Liberty and Saarstahl for the purchase of France's Ascoval steelworks and Hayange rail plant.
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