Hollande tells ArcelorMittal to sell French furnaces it wants to close

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Steel-making giant ArcelorMittal is summoned by the French government to either restart idled furnaces in north-east France or sell them.

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The French government urged ArcelorMittal on Thursday to restart idled blast furnaces at a plant in northeastern France or put them up for sale, declaring itself in a "tug-of-war" with the steel giant over their fate, reports Reuters.