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No confidence in ArcelorMittal: French Minister

Last Updated: Monday, December 03, 2012, 00:11

French Ecology Minister Delphine Batho told iTele network that Mittal has not kept his promises in the past, though there may now be an agreement but there is no confidence.

Deal struck: Mittal's French plant nationalisation averted

Last Updated: Saturday, December 01, 2012, 09:56

Also, the company will not shut down two blast furnaces at the Florange facility which will retain about 650 workers whose jobs were under threat.

Lakshmi Mittal asked to ‘sell French plant or see it nationalised’

Last Updated: Friday, November 30, 2012, 12:16

France is threatening to nationalize a steel plant in the eastern part of the country unless the Indian-born billionaire Lakshmi Mittal owner of the firm agrees to sell it to a private buyer.

France, ArcelorMittal spar over Florange site deepens

Last Updated: Wednesday, November 28, 2012, 21:19

ArcelorMittal, led by India-born billionaire Lakshmi Mittal, wants to close two blast furnaces at Florange site.

Hollande mulls nationalising Mittal's French plant

Last Updated: Wednesday, November 28, 2012, 09:07

President Francois Hollande has met with the chief of ArcelorMittal after a minister in his government suggested that the steel giant should be ousted from France.

France threatens to expel Arcelor Mittal for ‘lying, disrespecting’ country

Last Updated: Tuesday, November 27, 2012, 11:26

The firm, which is owned by India based Mittal Steel, angered workers and the French government when it announced a plan in October to close two furnaces at its steel plant in Florange.