ArcelorMittal, France target steelworks deal -sources

ArcelorMittal, France target steelworks deal -sources

Florange : France | Nov 30, 2012 at 3:07 AM PST
Source: Reuters
Views: Pending
Topics Related Video Arcelor Mittal workers from Florange site stand next to French riot gendarmes and CRS as they demonstrate in front the National Assembly in Paris November 28, 2012. The French government and steelmaker ArcelorMittal are aiming to clinch a deal to save jobs and avoid a temporary... FULL ARTICLE AT Reuters
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News Stories

  • In French steel town, anger against Mittal, hope for bailout

      The Hindu
    The picture is of workers from an ArcelorMittal plant in Florange at a demonstration in Paris. Photo: AP As the November 30 deadline approaches, workers are expecting that the Indian steel tycoon and the French government can resolve the standoff...
  • French government, Mittal reach pact

      The Hindu
    December 1, 2012 AP A view of the Arcelor Mittal Factory in Hayange-Florange, eastern France. File photo Increasing calls for Montebourg to pipe down, making a win-win situation difficult to obtain The French Prime Minister Jean-Marc Ayrault late on...
  • France announces plan to save steel site

      Merced Sun-Star
    But he expressed regret that the accord "rests on the commitments of Mr. Mittal." Unions expressed outright skepticism, saying that the deal means they remain "in the claws of Mittal."...The five-year plan renders the commitment more fragile still,...
  • France announces plan to save steel site

      The Bellingham Herald
    Friday's announcement caps months of tension over the future of the site where the jobs of more than 600 people were at stake. Jean-Marc Ayrault put to rest rumors the government would nationalize the site at Florange. Instead, he said in a televised...
  • France Clinches ArcelorMittal Investment, Saves Jobs

      International Herald Tribune
    The French government struck a deal with ArcelorMittal on Friday which will see the steelmaker invest 180 million euros ($234 million) in its Florange steelworks, allowing some 600 jobs at two shuttered blast furnaces to be saved. Prime Minister Jean-...
  • Lakshmi Mittal, France seek last-ditch solution on steel plant

      The Economic Times
    Steel tycoon Lakshmi Mittal and the French government sought a last-ditch solution today on the eve of the expiry of his deadline to the state to find a new buyer for a plant it has threatened to nationalise. A number of scenarios were evoked and...



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