Liberty Galati, the largest integrated steel producer in Romania, has signed two contracts with Transport Trade Service, the biggest river freight carrier in Romania.
The company will transport raw materials such as iron ore to Liberty’s steel plant in Galati, as well as steel products from Galati to the seaport of Constanta and to Danube ports in Serbia, Slovakia and Austria, among others.
The estimated value of the two contracts is €31.5 million, and the covered period is three years, according to an investor report.
This year, Liberty Galati has undertaken a series of investments in its Romania-based plant, including an €8.1 million new pipe coating line, as well as a new cooling system, supplied by Primetals Technologies.
Source: Steel Orbis