Liberty Steel USA

LIBERTY Steel USA will reopen its Georgetown, South Carolina rod mill in mid-January, bringing 65 employees back to work, after a shutdown during the Covid-19 pandemic.

LIBERTY Steel USA, part of GFG Alliance, completed the acquisitions of Ohio-based companies Solon Specialty Wire and Shaped Wire from Leggett & Platt. Solon will be managed under the LIBERTY Johnstown Wire business.

GFG Alliance's Liberty Steel USA signed a binding agreement to purchase all outstanding stock in Keystone Consolidated Industries from Contran Corporation for $320 million in cash less certain assumed liabilities. The deal adds KCI's 1.1mt electric arc furnace in Illinois and downstream operations.