ArcelorMittal to lay off 3,500 in Italy, suspend production in Romania
Topics: ARCELORMITTAL ITALY ROMANIA
Trade unions representing steel workers staged a major protest in Rome on Tuesday as the government continues talks to stop ArcelorMittal going back on an agreement to take over the former ILVA group.
"We'll fill Rome," said Maurizio Landini, the head of the CGIL union, as workers went on strike to protest.
Romanian media reported that ArcelorMittal's Long Products division has temporarily halted production at its steel mill in Romania's Hunedoara country since December 1st due to high gas and power prices and unfavourable market conditions. ■