Internal restructuring
European Union
Location of affected unit(s)
Liège (Belgium), Florange (France), Brême & Eisenhuettenstadt(Germany)
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Basic Metals
24.1 - Manufacture of basic iron and steel and of ferro-alloys

5,000 jobs
Number of planned job losses
Job loss
Announcement Date
24 January 2003
Employment effect (start)
1 January 2004
Foreseen end date
1 December 2010


Arcelor, the worlwide steel leader, announced a European restructuring plan affecting 6 blast furnaces in 4 units untill 2010. The French unit (Florange, Moselle) will be affected the closure of 2 blast furnaces, the belgian unit (Liège) will be affected by the closure of 2 blast furnaces and two german units (Eisenhuettenstadt and Brême) will be affected, each, by the closure of one blast furnace.

Arcelor was born by the merger between the Spanish group Aceralia, the French group Usinor and the Luxembourg group Arbed.

The restructuring plan is the result of studies that shows an overcapacity of production for Arcelor and a better competitiveness of other units such as Fos and Dunkerque (France), Aviles (Spain) and Anvers (Belgium).

The restructuring plan will not only affect 5000 jobs on the blast furnaces but also subcontractors and other linked companies and workers in the regions.



Eurofound (2003), Arcelor, Internal restructuring in European Union, factsheet number 59125, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59125.