Employees at the former ArcelorMittal site in Dudelange have been waiting around 12 months for further clarity concerning their job security whilst ArcelorMittal and Liberty Steel completed the sale of the steelworks site. Now that the deal has been completed, the new designated Chief Executive of the Dudelange and Liège sites, Frederic Tancrez, spoke to RTL about the group's plans for the sites.
Tancrez confirmed that over the short term, nothing would change for employees. Within the next 100 days, the group would complete an audit to determine the potential and opportunities linked to new projects. Above all, Tancrez highlighted that he views both sites as a business unit.
With the acquisition of the seven sites, Liberty Steel is set to become the fifth-largest steel producer throughout Europe. Alongside ArcelorMittal, Liberty Steel is the second actor in the steel sector present in the Grand Duchy.
Tancrez explained that the opportunities for the Dudelange site are significant: the business can create products that cannot be produced elsewhere at the Dudelange site. This in turn could allow the site to create contracts with new clients and continue to grow. A potential two million tonnes of steel could be produced at both the Dudelange and Liège sites in the future.
Tancrez has spent 30 years working at the former ArcelorMittal steelwork in Liège, having also joined ArcelorMittal Belgium's management committee. The new Chief Executive will be in Luxembourg once a week to ensure the further development of both sites' synergies.
