🇫🇷🔧📉 France Urges EU Steel Protections After ArcelorMittal Job Cuts 🔹 Summary: France will push for stronger EU safeguards against Chinese steel imports following ArcelorMittal's decision to cut 600 jobs at seven French sites amid an industry-wide crisis. High energy costs, Chinese overproduction, and U.S. tariffs are pressuring Europe's steelmakers, prompting calls for urgent protective measures. 🔹 Key Points: • ArcelorMittal will cut 600 jobs across France due to falling competitiveness in steel markets. • France plans to push for tougher EU quotas on Chinese steel imports to shield the sector. • The European steel industry is suffering from high energy prices and tariff barriers abroad. • Similar cuts were announced by Tata Steel in the Netherlands earlier this month. • French officials criticized ArcelorMittal, which previously received government subsidies for decarbonization efforts. @CMEActiveTrader Tickers Of Interest: $HG $NQ $ZN Tickers Of Interest: $MT $TATASTEEL $EUR $USD $SLX $XME $X