ArcelorMittal: in France, the left revives the debate on nationalisation

Many employees of the steel giant's Dunkerquois sites protested on May 1 against the announced job losses, four of which testify.

In France, the left exhumes an idea abandoned in 2012, that of the nationalization of companies. In question: the announcement by ArcelorMittal, despite higher profits than expected in the first quarter, of 600 abolitions of posts in France, in part to relocate part of its activity to India.

The French iron and steel giant, ArcelorMittal, has announced the abolition of more than 600 posts in France. Many parliamentarians ask for its nationalisation, but the government excludes this possibility. The minister responsible for Industry and Energy believes that this is not "the right solution".

Nearly 1,500 people demonstrated on Thursday May 1st at the call of the CGT, after the announcement of the abolition of more than 600 posts in France by the steel giant ArcelorMittal. Several figures were born in...

According to the CGT, more than 300,000 people are said to have left the streets of the main cities of France on Thursday, the day of the celebration of the Labour Party.

On Thursday morning, leaders of the four left-wing parties gathered in Dunkirk to protest the plan to abolish about 600 posts announced by ArcelorMittal in its sites in the North and East of France, most of which in this port city.