GALWAY, IRELAND--February 25, 2013 --Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland) The world's largest steel manufacturer, ArcelorMittal (NYSE:MT) (Luxembourg, Luxembourg), has announced a freeze on job cuts and restructuring at its European steel operations until June.
The company said it will wait until the European Commission (E.C.) launches its action plan to revive Europe's struggling steel industry in June.
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