Steel News


Bankruptcy & Restructuring

Reorganizations of companies; their operations and personnel; and their debts.

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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.

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