Keyword: steel

How a moribund steel region has found a lifeline – and jobs – in Luxembourg

A Hayange. © (dr) A Hayange. © (dr)

Town after town looks on in horror and dismay as the furnaces close down in the Fensch Valley in Lorraine in north-east France. The only lifeline left to the locals is the nearby Grand Duchy of Luxembourg in the shape of its banks and its factories. Nearly 80,000 workers from the Lorraine region now make the daily commute to tap the growth and higher pay on the other side of the border. Rachida El Azzouzi reports.

Steel tycoon Mittal’s shock at ‘irrational’ French minister

Lakshmi Mittal reacts to being told he was “not welcome in France” and says nationalisation of his steel plant would be a “giant leap backwards”.

Steel reprieve comes at price for France's Hollande

Stand-off over steel giant ArcelorMittal's plant has unnerved investors, confused unions and exposed his new government to ridicule.

France announces ArcelorMittal steelworks deal

Government backs away from threat to nationalise steelworks, saying it secured promises from owner ArcelorMittal over investment and jobs.

ArcelorMittal not welcome in France anymore, says minister

Industry minister Arnaud Montebourg has accused the steel giant of "not respecting France" saying it has "never honoured its commitments".