Nationalization of ArcelorMittal again earlier than the Senate | EUROtoday
The Senate should look at, Wednesday February 25, the invoice aimed toward nationalizing the belongings of the French metal group ArcelorMittal. Fought by the federal government, the textual content, tabled within the National Assembly by La France insoumise (LFI), took everybody abruptly. It was lastly adopted on November 27, 2025 by the deputies, because of nearly all of votes from the left-wing events (Socialist Party, French Communist Party and Les Ecologistes) and the abstention of the deputies of the National Rally.
Before the Senate, primarily led by the fitting, the invoice, tabled this time by the communist group, has little likelihood of being voted on. “We have no illusions but we want to maintain pressure on the government before the text returns to the National Assembly”explains Cécile Cukierman, senator from the Loire and president of the communist group. Once examined, the textual content will proceed its normal parliamentary journey, with a return to deputies scheduled for June.
For the left and the CGT, the nationalization of the French actions of the world quantity two in metal, i.e. round forty websites, together with the principle ones in Dunkirk (North) and Fos-sur-Mer (Bouches-du-Rhône), at a value of three billion euros, in response to LFI, is the one answer to save lots of the metal trade in France and relaunch the decarbonization of blast furnaces. All accuse ArcelorMittal of eager to disengage from Europe and France to pay attention its manufacturing overseas, significantly in India, Brazil and the United States.
You have 50.94% of this text left to learn. The relaxation is reserved for subscribers.
https://www.lemonde.fr/economie/article/2026/02/24/la-nationalisation-d-arcelormittal-de-retour-devant-le-senat_6668064_3234.html