Liberty House plans $5bn investment in North American market; restarts Georgetown rod mill

Liberty House aims to make “more than $5 billion in investments over the next few years” across the United States and Canada following the restart of its rod mill in Georgetown, South Carolina, on Monday June 25.

“Of this [$5 billion] total, $1 billion is expected to be invested during the coming year to acquire and develop steel, aluminium, engineering, mining, energy generation, and financial services assets,” the international metals group said. Liberty House is also setting up a regional head office in New York. “We see huge opportunities to create competitive, robust and integrated industrial businesses across USA. Restarting such...

Published

Viral Shah

June 25, 2018

17:25 GMT

London