[SMM Steel] Liberty Galati cuts asset sale price amid weak investor interest

Published: May 12, 2026 17:41

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[SMM Steel] Romania-based Liberty Galati lowered the minimum price for its asset sale to €444 million in an effort to attract new investors after previous attempts failed to receive firm offers. The company continues to face financial pressure, delayed operational restart progress, and weak European steel demand. Recent reports regarding concerns over financing allocation have also increased uncertainty surrounding the company’s restructuring and recovery plans.

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