ArcelorMittal warns France over pressure on Florange

ПОДЕЛИТЬСЯ

ArcelorMittal warns France over pressure on Florange

Steel giant ArcelorMittal warned the French government Friday that efforts to force it to sell all of its Florange plant, rather than just the parts it wants to close, threaten the company's presence in France, AFP reports. Selling the entire Florange facility "would jeopardise the viability of ArcelorMittal's other activities in France, where the group employs 20,000 people," the company said in a statement. French authorities have told ArcelorMittal it should look to sell the entire plant at Florange and not just the blast furnaces it shut down in October after months of idleness. The company's warning got a sharp response from Labour Minister Michel Sapin. "I don't think one has the right to use every weapon, but everyone chooses their own weapons." What the government wanted, Sapin said, was to create a situation in which a company could take over running the furnaces. "This company (ArcelorMittal) has to make an extra effort," he added. "We cannot accept the way Mittal wants to get rid of a part of the operation that is fundamental." ArcelorMittal has given until the end of November for interested buyers of the furnace operations to come forward. But Industrial Renewal Minister Arnaud Montebourg this week suggested the government might take temporary control of the site. The fate of the site has become a litmus test of Socialist President Francois Hollande's strategy for fighting rising unemployment and raising the flagging competitiveness of French industry. It is based in the Lorraine region of eastern France, the traditional centre of France's steel industry.

ПОДЕЛИТЬСЯ
Steel giant ArcelorMittal warned the French government Friday that efforts to force it to sell all of its Florange plant, rather than just the parts it wants to close, threaten the company's presence in France, AFP reports. Selling the entire Florange facility "would jeopardise the viability of ArcelorMittal's other activities in France, where the group employs 20,000 people," the company said in a statement. French authorities have told ArcelorMittal it should look to sell the entire plant at Florange and not just the blast furnaces it shut down in October after months of idleness. The company's warning got a sharp response from Labour Minister Michel Sapin. "I don't think one has the right to use every weapon, but everyone chooses their own weapons." What the government wanted, Sapin said, was to create a situation in which a company could take over running the furnaces. "This company (ArcelorMittal) has to make an extra effort," he added. "We cannot accept the way Mittal wants to get rid of a part of the operation that is fundamental." ArcelorMittal has given until the end of November for interested buyers of the furnace operations to come forward. But Industrial Renewal Minister Arnaud Montebourg this week suggested the government might take temporary control of the site. The fate of the site has become a litmus test of Socialist President Francois Hollande's strategy for fighting rising unemployment and raising the flagging competitiveness of French industry. It is based in the Lorraine region of eastern France, the traditional centre of France's steel industry.
Tengrinews
Читайте также
Join Telegram
Arctic cold approaches Kazakhstan
Earthquake felt by residents of Almaty
Kazakhstan to be hit by snowfall
Flights delayed at Aktobe airport
US dollar drops sharply in Kazakhstan
Kazakhstan to raise living wage in 2026
Tenge continues to strengthen steadily
CSTO meeting has begun in Bishkek

Exchange Rates

 504.61  course up  587.93  course up  6.63  course up

 

Weather

location-current
Алматы

 

Редакция Advertising
Социальные сети