The takeover of Liberty Steel has burst

A difficult blow for the 150 Liberty Steel employees in Dudelingen: The Turkish group Tosyali Holding will not take over the location. The news is a disappointment for the employees who had hope of being able to work again. The work has been closed since March 2021.

In a joint statement, the Ministry of Economic Affairs and Labor and Labor and Labor confirm the burst: « On the evening of May 6, 2025, Minister of Economics Lex Delles and Minister of Labor Georges Mischo was informed that the Tosyali group withdraws from Liberty Steel’s takeover procedure in Dudelingen. »

The Tosyali Group announced that « that it made this decision as part of its DUE diligence test, in particular in response to the recent adaptations of the protective measures of the European Union to steel imports from third countries. These measures will expire in June 2026. »

The ministry also wrote that the Tosyali group has been regretted this decision, « despite the efforts made in the past few months to support the resumption of activities in Dudelingen ».

Support of employees

It was only in February of this year that all actors were able to breathe a sigh of relief when it became known that A possible buyer was found. At the time, however, the exact formalities were not yet clear.

The employees still employed in the steelworks are to continue to support the ministries and the Adem employment agency in the job search. Now the insolvency administrator should decide on how to proceed.

The situation had been stuck for months What worried the unions. You are currently in a « dead end ». « The employees are ready to resume their work immediately, and the Luxembourg authorities state to support this revival, but nothing moves. The employees remain unemployed, without salary and without perspective, » said the OGBL in early April.