[ Celsa Group Owners Initiate Preparations for Corporate Exit ]

Published: Oct 13, 2026 15:18 (GMT+8)

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The four investment funds that control 98% of Spain's Celsa Group formally initiated preparations to exit the company on October 9, 2026, exploring a direct sale or a stock-market flotation. The divestment process follows a successful restructuring phase where the steelmaker posted a first-half 2026 profit of €50.7 million and aggressively slashed corporate debt to €1,134 million from nearly €3.7 billion. A successful transaction will heavily influence the competitive landscape of the Southern European long products market. [SMM Iron Ore]

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