Economics

EU Wants Steel Giant to Postpone Layoffs

If wishes were horses they'd all be eating steak

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Steel giant ArcelorMittal should postpone any plant closures in Europe until June, the European Commission said on Tuesday.

Speaking at round-table discussions on the state of Europe's steel industry, the EU's Industry Commissioner Antonio Tajani said: "We want ArcelorMittal to postpone its decision to close sites at least until the EU releases its action plan."