Lakshmi Mittal will fly into Paris today for emergency talks with France’s president over an extraordinary industrial row in which the Indian steel magnate’s company was accused of “lying” and “blackmail” by a French minister.
The hastily convened meeting at the Élysée Palace takes place a day after Arnaud Montebourg, the leftwing industry minister, launched a blistering attack on Mr Mittal’s company, ArcelorMittal, saying that he wanted the world’s biggest steel producer to quit France.
People close to Mr Mittal – the steelmaker’s chairman, chief executive and main shareholder – said he was “extremely shocked” by the attack, prompted by the company’s plans to shut two blast furnaces.
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