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ArcelorMittal SA Workers Clash With Police In Belgium-DJ

Tuesday, 29 Jan 2013 10:50am EST 

Dow Jones reported that ArcelorMittal SA’s workers in Belgium clashed with police during a protest against the closure of another part of the Company's steel plant in Liege. Ten policemen were injured after confronting about 1,500 protesters demonstrating in front of regional government offices in the Namur, the capital of the Wallonian province where Liege is located. The protesters threw stones and other items at the police who retaliated by using water canons, The demonstrators were calling on the Wallonian government to prevent the partial closure of the plant which has put 1,300 jobs at risk. Last week ArcelorMittal SA announced plans to shut a coke plant and six finishing lines at Liege due to continued weak demand for its steel products. This follows an October 2011 announcement in which the Company said it would permanently close Liege's two blast furnaces. ArcelorMittal SA will still operate five finishing lines at the plant that are deemed to be strategically important for the Company. 

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-0.018 -0.20%
24 Dec 2014