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it's gets better, the furnaces were being shuttered because they're not viable, the French Government would nationalize them simply to protect union jobs
The European steel industry is struggling with overcapacity at a time of recession in the euro area and cheap competition in emerging markets.
"Florange, located in France's former industrial heartland, has become symbolic of the country's long industrial decline and a test case for whether Socialist President Francois Hollande can make good on a vow to reverse a relentless surge in unemployment.
ArcelorMittal said earlier this year the Florange site's two furnaces were not viable, but Hollande insisted they should be kept open and threatened a temporary state takeover of the site while the government sought a permanent buyer."
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