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ArcelorMittal warns France on consequences of Florange sale

November 23, 2012 - 21:04 GMT Location: London

KEYWORDS: ArcelorMittal , Florange , sale , Arnaud Montebourg , France , government

ArcelorMittal, the world’s largest steelmaker, has responded to French ministers’ suggestions of a complete government takeover of the company’s troubled Florange site.

"ArcelorMittal agreed in good faith that the government could try to find a buyer for the liquid phase of the Florange site, including the coke battery," the company said on Friday November 23. But the company added...

All material subject to strictly enforced copyright laws. © Euromoney Institutional Investor PLC.

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