You are here: Home > Steel News > Latest Steel News > ArcelorMittal...

ArcelorMittal closes Schifflange plant permanently

Thursday, 11 February 2016 16:21:04 (GMT+3)   |   Istanbul
       
The Luxembourg Confederation of Christian Trade Unions (LGBC) has announced that global steel giant ArcelorMittal has closed its steel production site in Schifflange, Luxembourg permanently. In 2011, ArcelorMittal had announced a temporary closure of the site, which affected around 700 employees. According to the LGBC, workers were saved by signing tripartite agreements in 2011, which enabled early retirement and reclassifications within other sites in Luxembourg

The Schifflange steel plant has an annual production capacity of 1 million mt of 130 mm x 130 mm billets. Its facilities include a twin shell shaft electric arc furnace and a six-strand continuous caster.

ArcelorMittal recently announced the launching of a feasibility study for the conversion of land located in Esch-sur-Alzette and Schifflange. The company is considering new developments such as housing, shops, offices, community facilities and additional facilities. The project, which was also welcomed by the LGBC, will be studied based on the principles of sustainable development and respect for the environment.

Similar articles

ArcelorMittal sees net lost in Jan-Sept, expects weaker demand in US and Europe

07 Nov | Steel News

Salzgitter submits offer to acquire ArcelorMittal’s Dudelange and Liege plants

18 Jul | Steel News

ArcelorMittal to invest $1.2 billion in Ukrainian subsidiary

22 Jun | Steel News

ArcelorMittal Zenica to upgrade its rebar mill

19 Jan | Steel News

Italy’s Tenova to supply ladle furnace for ArcelorMittal

31 Aug | Steel News

Fitch Ratings downgrades ArcelorMittal’s long-term rating

09 Aug | Steel News

Rating agencies lower ArcelorMittal’s outlook amid weakening in sector

03 Aug | Steel News

ArcelorMittal announces sale of its stake in Paul Wurth Group

25 Jul | Steel News

ArcelorMittal’s net income rises in Q2 over Q1

25 Jul | Steel News

Belgium, France and Luxembourg to unite against ArcelorMittal plant closures

18 Jul | Steel News