Sale of Liberty Steel Ostrava carbon allowances angers trade unions

Trade unions at Liberty’s Ostrava plant in the Czech Republic were considering further industrial action and even legal proceedings after news emerged that the plant’s EU emissions allowances had been sold to another Liberty-owned steel mill in Romania, Fastmarkets heard on Friday April 30.

On Friday, the OS KOVO trade union said that a substantial part of the emissions allowances for the Ostrava steelworks, itself owned by Liberty, had been sold to Liberty Galati in Romania, despite the parent company’s earlier promises to keep allowances at Ostrava.

The trade unions received information about the sale from the Czech Republic’s ministry of...

Published

Julia Bolotova

April 30, 2021

19:40 GMT

Dnipro