Mittal meets Hollande over steel plant row in France
Agencies: Paris, Nov 28 2012, 00:54 IST
warned that nationalisation of the Florange facilities would threaten the viability of all of its activities across France, where it employs 20,000 people.
Montebourg, who is suggesting that the state nationalise Florange so as to pass the entire site on to a buyer, raised the stakes yesterday, saying France did not want ArcelorMittal in the country and was looking for a partner to take over the group’s operations at the plant.
“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 minister said. But Montebourg later said he meant he did not want Mittal’s methods in France, accusing it of “non-respect of its commitments, blackmail and threats.”
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