Mini-mills outraged over 'inexplicable' drop in Mittal’s long steel prices

Mini-mills outraged over 'inexplicable' drop in Mittal’s long steel prices

Electric steel producers have sounded the alarm over seemingly "inexplicable" price reductions in long steel products sold by ArcelorMittal South Africa.

ArcelorMittal's setbacks in France are taking place while the world market is characterized by overproduction centered on China. Prices and profits are falling, while Europe is more vulnerable than ever.

ArcelorMittal abolishes 636 posts in the North of France, despite 300 million euros of public aid received in 2023. Thomas Porcher denounces Macron's economic policy, which subsidizes companies that are...

Five days after the announcement of the abolition of more than 600 posts at the seven sites in northern France, the shock wave continues in ArcelorMittal: the workers of Dunkirk and their union representatives are mobilizing to alert the population about what they fear as a disaster for the entire region.

ArcelorMittal slashing steel jobs in France faster than the EU can respond

If this feels like it’s been coming for a while – it has.

The trade unions of ArcelorMittal are convened on Wednesday 30 April in Saint-Denis for an extraordinary central SSC. During this meeting, the French leadership of the group will detail to them the plan to safeguard employment (PSE) which it plans to implement in seven of its sites (Dunkerque, Florange, Basse-Indre, Mardyck, Mouzon, Desvres and Montataire). It will confirm ...