9,699.50 TRY BIST 100 BIST 100
38.76 USD USD USD
5.41 CNY CNY CNY
43.51 EUR EUR EUR
0.12 CNY CNY/EUR CNY/EUR
46.89 TRY Interest Interest
65.43 USD Fossil Oil Fossil Oil
41.20 USD Silver Silver
4.67 USD Copper Copper
99.01 USD Iron Ore Iron Ore
330.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,057.64 TRY Gold (gr) Gold (gr)

ArcelorMittal considers closing two centers in France

ArcelorMittal announced the possible closure of two centers in France as part of the Centres de Services reorganization.

ArcelorMittal considers closing two centers in France

ArcelorMittal announced a project to reorganize ArcelorMittal Service Centers, its subsidiary operating in the wholesale of metals and minerals. The company stated that with this project, the service centers in Reims and Denis are possible to be closed.

ArcelorMittal reported a significant decrease in customer activities in the industrial and automotive sectors. The downward trend intensified particularly in recent months, the company emphasized.

ArcelorMittal's reorganization plan potentially to impact 130 employees, leading to a negative reaction from trade unions. Unions demand social measures to minimize the negative effects of the reorganization approach on workers.

Action across all French ArcelorMittal plants is planned for next week following the strike by workers at the Denis plant. The company authorities agreed to start negotiations with the workers' union representatives to discuss elements of support. The balance between actions and negotiations is expected to take into account workers' demands.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Production and investment message from İzmir Demir Çelik: “We must be like steel and stand firm”

Thursday, May 15, 2025

Steel Summit 2025 started in Çeşme, İzmir with high attendance

Thursday, May 15, 2025

Nissan to reduce workforce by 20,000 while increasing profitability

Wednesday, May 14, 2025

Mega Metal to build a USD 34 million production facility in the US

Wednesday, May 14, 2025

Emsteel reports USD 599 million in revenue for Q1 2025

Wednesday, May 14, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now