Location of affected unit(s):
Liège (Belgium), Florange (France), Brême & Eisenhuettenstadt(Germany)
Manufacture of basic metals and fabricated metal products, except machinery and equipment
24.1 - Manufacture of basic iron and steel and of ferro-alloys
Planned Job Reductions min:
Planned Job Reductions max:
Type of Restructuring:
Employment Effect Start:
Foreseen End Date:
Arcelor, the worlwide steel leader, announced a European restructuring plan affecting 6 blast furnaces in 4 units untill 2010. The French unit (Florange, Moselle) will be affected the closure of 2 blast furnaces, the belgian unit (Liège) will be affected by the closure of 2 blast furnaces and two german units (Eisenhuettenstadt and Brême) will be affected, each, by the closure of one blast furnace.
Arcelor was born by the merger between the Spanish group Aceralia, the French group Usinor and the Luxembourg group Arbed.
The restructuring plan is the result of studies that shows an overcapacity of production for Arcelor and a better competitiveness of other units such as Fos and Dunkerque (France), Aviles (Spain) and Anvers (Belgium).
The restructuring plan will not only affect 5000 jobs on the blast furnaces but also subcontractors and other linked companies and workers in the regions.