Steelmaking giant ArcelorMittal said on Thursday that it would shut down six cold-processing facilities in the Liege region of eastern Belgium in a decision that will affect 1,300 jobs, owing to worsening conditions on the European steel market. The steel group said that it realised that this would cause serious difficulties for staff and for the region and undertook to seek a socially acceptable solution for those affected. In Davos, Switzerland, Belgian Prime Minister Elio Di Rupo said that he would tell the head of ArcelorMittal, Lakshmi Mittal, of the \"incomprehension\" of Belgian authorities about the decision. \"I support the workers. That is the first message this afternoon when I meet Lakshmi Mittal,\" he said on his Twitter social network account from Davos where he is attending the World Economic Forum.
GMT 09:43 2018 Tuesday ,23 January
Global unemployment down but working poverty rampantGMT 15:13 2018 Sunday ,21 January
All you need to know about Davos 2018GMT 22:33 2018 Saturday ,20 January
Calls for action over dirty money flowingGMT 04:42 2018 Saturday ,20 January
Storm caused 90 mn euros in damage: Dutch insurersGMT 07:06 2018 Friday ,19 January
China economy rebounds in 2017 with 6.9% growthGMT 11:35 2018 Thursday ,18 January
'Massive' infrastructure spending needed in AfricaGMT 14:29 2018 Wednesday ,17 January
GE takes one-off hit of $6.2 bn linked to insurance activitiesGMT 18:55 2018 Tuesday ,16 January
London stock market edges to new high

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor