Liberty Dunaújváros, Hungary's largest steel producer, is restarting its rolling mills, Dunaújváros news portal reported. Duol.hu.
Liberty Steel Group bought Liberty Dunaújváros, Hungary's largest steel producer, in October. The company has launched a production program for 2024, during which the hot and cold rolling mills and galvanizing line will be restarted.
According to Ajay Agarwal, European President of Liberty Steel Group, the restart brings positives to the entire Donajváros community:
The company retains its employees and pays wages as usual. At the same time, retraining courses are being launched to prepare workers to operate the planned modern electric furnace.
They also try to reduce unjustified operating costs, so that the company can use fewer external services in the future. The company group signed an agreement with CISDI in 2023 to establish an electric furnace with a capacity of 1.5 million tons, which will reduce the plant's direct carbon dioxide emissions by 80 percent. Liberty Steel plays a leading role in the development of sustainable industrial production, so its mission is to become carbon neutral by 2030.