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Latest News

Liberty Steel to Acquire Bankrupt Bayou Steel for US$28 Million

26 Dec 2019 - Sanjeev Gupta’s Liberty Steel Group has been named the preferred buyer for bankrupt long products maker Bayou Steel Group, which suddenly halted operations this fall and laid off more than 400 people.

Report: Big River, Liberty Steel Eye Electrical Steel Plant

12 Dec 2019 - Tata Steel Europe will mothball rather than permanently close its electrical steel plant in Wales while two potential buyers, one of which is said to be Big River Steel, kick the tires on the facility, according to the South Wales Argus newspaper. 

Vale to Exit Brazilian Joint Ventures

05 Dec 2019 - Iron ore producer Vale plans to withdraw from its steel plant joint ventures in Brazil, choosing instead to focus on its mining operations, reports news and commodities pricing service S&P Global Platts. 

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