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In April of this year, the Romanian Competition Council approved the sale of ArcelorMittal Hunedoara to UMB Steel (a subsidiary of the UMB Group). DX55D+AS steel strip ,In a statement, the regulator indicated that the transaction would not pose a significant impediment to effective competition in the Romanian market.
The assets covered by the transaction primarily include production equipment and facilities, raw materials and inventory, as well as the land and buildings at the Hunedoara plant; certain off-site real estate assets are also included.
Following its assessment, the regulator concluded that the transaction would not have a materially adverse effect on the competitive landscape, DX55D+AS steel strip ,nor did it raise significant concerns regarding compatibility with normal competitive conditions.
The UMB Group operates across multiple sectors, including road and bridge design and construction, civil engineering, the production of steel and concrete building materials, and power generation.
According to information previously disclosed by the Bucharest Stock Exchange, the two parties signed a memorandum of understanding late last year to acquire the aforementioned assets for €12.5 million (excluding VAT).
It is worth noting that ArcelorMittal Hunedoara ceased production in September 2025. At the time, the company cited high energy costs and a sharp decline in order volumes as reasons for the shutdown. DX55D+AS steel strip ,Industry analysts believe this decision reflects the deteriorating conditions of the local steel market, driven by persistently high electricity prices, limited government support, and intensifying competition from imports.
