ArcelorMittal: an offer to buy!

Liege

The German steelmaker Salzgitter is obviously interested, but …

We wrote it in exclusivity last May 7th, the German steelmaker of Salzgitter was very interested in the purchase of the infrastructures of Liège put on sale by ArcélorMittal. In May, a delegation came from across the Rhine to visit the sites in Liège.

Salzgitter has reached a new stage since on Monday, the steelmaker said he would make a bid for the sites of Liège and Dudelange

As a reminder, ArcelorMittal has decided to part with its infrastructure Liège, not to be in a situation of monopoly after the redemption, by the steel giant, the Italian company Ilva. 19659002] Clearly, ArcerlorMittal can buy the Italians provided they sell several infrastructures. Among these are the galvanizing lines 4 and 5 of Flémalle, as well as the Ferblatil site in Tilleur.

The infrastructures to be sold by Arcelor are scattered throughout Europe and have been divided into three parts. indivisible lots. The Liege sites are thus grouped together with the factories in Dudelange (Grand Duchy of Luxembourg).

Despite the offer, the Germans are not certain at all that they will be able to acquire these badets. Indeed, others could also make an offer. One thinks here of the Russians of NLMK who, however, do not seem interested in the sites of Liège but not those of Dudelange

In addition, there is no question of making an offer to resell the sites. Candidate purchasers must in fact hand over to Europe an industrial plan attesting to the seriousness of their offer.

"In any event" explains Jordan Atanasov of the CSC, "The buyer will have to give us guarantees in terms of employment and working conditions." Case to follow …