LIBERTY Ostrava aims to transform into a modern steel mill delivering an economically, environmentally and socially sustainable business with its GREENSTEEL transformation programme over the next eight years.

The key element of the programme will be the replacement of the steelwork’s existing four tandem furnaces with two hybrid electric arc furnaces, allowing the use of a higher volume of steel scrap and a range of different charge materials, reducing reliance on imported coal and iron ore and significantly reducing CO2 emissions. In addition to the modernisation of the steel shop, the transformation will also include an extensive modernisation of the steel rolling mills, which will improve the quality of steel and expand the product portfolio with high-added value products. The investment programme will also see the creation of a renewable power plant for electricity production as well as the development of the LIBERTY GREENSTEEL Academy.