7Steel Nordic Supplies Billet to Czech Nova Hut

Published: Aug 21, 2026 15:15

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Czech Republic-headquartered Sev.en Global Investments has agreed to supply Ostrava steelworks Nova Hut with square billet from its 7 Steel Nordic plant in Norway. The Ostrava mill plans to install an electric arc furnace with capacity of up to 1.5 million tonnes/year of crude steel, after its blast furnaces were decommissioned when the firm became insolvent under former owner Liberty Steel, and it has since been running as a re-rolling operation on a tolling basis. The company is also considering the possibility of supplying billets to Nova Hut from 7 Steel UK in Cardiff, Wales, though this remains only a potential option with no agreement reached, while pricing will depend on market conditions, mostly the price of scrap

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