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Strasbourg Court Weighs Novasco Bids as Hagondange Steelworks Faces Liquidation Risk

A leading offer excludes the Moselle plant, leaving only a partial rescue on the table.

Overview

  • The commercial chamber opened a closed-door hearing at 9:30 a.m. to review takeover proposals for Novasco, with roughly 100 Hagondange workers rallying outside.
  • French bidder Métal Blanc removed the Hagondange site from its offer, citing unfavorable economics, energy-cost uncertainty, and operational constraints according to union groups.
  • Europlasma is reported to consider rehiring about 75 of the 450 employees at Hagondange, far short of a full-site restart.
  • Judges must first confirm that bids meet suspensive conditions such as financing and site commitments, and no decision is expected today with the ruling date still unspecified.
  • Novasco has about 760 employees across four French sites and has been under court protection since August 2025, while unions call for state action and the industry minister plans meetings with local officials next week.