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20 Dec
15:44

Ostrava eyes creditor contract renegotiation, proposes Tameh administrator

Liberty Ostrava aims to renegotiate “onerous” contracts with specific creditors to align them to standard market terms, especially with its major energy supplier, the firm says. This comes as the firm implements an optimisation plan, which involves the restart of blast furnace no.3 in January (see Kallanish passim). The steelmaker presented key stakeholders with the plan on Tuesday. It also involves suspending production of wire rod and focusing on roa…
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