Economy

xchrom

(108,903 posts)

39. Steel giant ArcelorMittal ‘not welcome in France’

Tue Nov 27, 2012, 10:20 AM

Nov 2012

http://www.france24.com/en/20121126-arcelormittal-steel-respect-france-montebourg

French Industrial Renewal Minister Arnaud Montebourg does not want steel giant ArcelorMittal in France anymore and is looking for an industrial partner with which to take the group's operations there over on a temporary basis, he said Monday in an interview.

"We do not want Mittal in France any longer because they do not respect France," Montebourg told the French financial daily Les Echos.

"Mittal's lies since 2006 are damning," the French minister said, adding that the company "has never honoured its commitments" to the country.

ArcelorMittal has shut down blast furnaces in Florange, eastern France, but wants to maintain its other activities there, in what has become a showdown with the new Socialist government in France.

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