EMCC European Monitoring Centre on Change

ArcelorMittal

Company/Organisation:
ArcelorMittal

Geographic Location

Country: Belgium
Region: Arr. Liège; Prov. Liège; Région Wallonne
Location of affected unit(s): Seraing

Company

Sector: Manufacturing
Manufacture of basic metals and fabricated metal products, except machinery and equipment
24 - Manufacture of basic metals
Number Employed: 2700

Employment Effects

Announcement Date: 24-01-2013
Planned Job Reductions min: 1300
Planned Job Reductions max: 1300
Type of Restructuring: Internal restructuring
Employment Effect Start: 30-04-2013
Foreseen End Date: 31-12-2013

Additional Information

ArcelorMittal, multinational steel manufacturer, announced its intention to cut 1300 jobs in Belgium. It will close 7 of the 12 manufacturing lines at its cold-processing phase in Liege.

The part-closure comes as a consequence of the ongoing global economic crisis, declining demand especially from the automobile sector and a negative economic outlook, according to the company.

The Renault procedure was launched. It is reported that the unions see this development as a ‘social drama for Belgium’ and will aim to reduce the number of redundancies. Moreover, national and regional governments are working on alternative solutions for the plant. This is not first major internal restructuring at ArcelorMittal: 1700 jobs were cut in 2009 (13163) and another 700 in 2012 (19093). 

As reported, Belgium has applied for assistance from the European Globalisation Adjustment Fund (EGF).

European Globalisation Fund: 2014 / 12