Saarstahl, the German steelmaker has bid for Liberty Steel plants in France, according to media reports.
The steelmaker is eyeing to enhance its industrial activities in Nord and Moselle region by bidding for the distressed plant.
So far none of the companies have disclosed any details. After Liberty Steel’s main lender collapsed earlier, the company is restructuring and seeking new investors at the Ascoval and Hayange sites.
AFV Beltrame Group from Italy has also expressed interest, state reports.