Romania’s steel mill Liberty Galati will be offered for sale through direct negotiations after two international auctions failed to attract a buyer, with three potential investors now expressing interest in the troubled former Sidex plant. “Three investors are interested: Umbrărescu, Metinvest, and Jindal. No buyer emerged at the second auction on June 19, despite five companies having purchased the tender documentation. The three potential buyers include Ukrainian steelmaker Metinvest, controlled by billionaire Rinat Akhmetov, Romanian entrepreneur Dorinel Umbrărescu through construction group UMB Grup, and Indian steelmaker Jindal Steel. Jindal Steel chairman Naveen Jindal recently visited the Galati facility.