Angry Steelworkers Mount Violent Protest At ArcelorMittal AGM

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Dimanche 08 nov 2009 | 05:16:36

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Angry Steelworkers Mount Violent Protest At ArcelorMittal AGM

LUXEMBOURG -(Dow Jones)- Hundreds of protesting steelworkers rioted outside ArcelorMittal's (MT) headquarters during the company's annual shareholders meeting Tuesday.
The demonstrators breached two rows of security fencing and attempted to break through the front door of the building.
Smoke from exploding fireworks penetrated the assembly room, but the shareholders meeting proceeded as planned.
Police in full riot gear arrested one man and managed to drive the protesters back behind security fencing.
Patrick Vergerio, a union member at the scene from the French Confederation Of Christian Workers, said they were calling on Chief Executive Lakshmi Mittal to honor his promises and keep the steel plants open.
The policies of the company and the international situation made them fear for their livelihoods, he said.
-By Mike Gordon and Carolyn Henson, Dow Jones Newswires; +32 741 1480; carolyn.henson@dowjones.com
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