Buoyed by signs of revival of the European steel market, ArcelorMittal on Tuesday announced creation of 700 new jobs in France this year taking its total workforce to nearly 21,000.

"These new, permanent jobs cover a wide range of roles and activities within the company, and are in addition to the 600 staff that ArcelorMittal recruited in France in 2013, most notably at its Dunkirk, Mardyck, Montataire and Desvres sites in northern France," the world's largest steel maker said in a statement.

ArcelorMittal has some 50 industrial and distribution sites in France and also houses its largest global Research and Development centre.

"This recruitment drive confirms the central role that France plays in the group''s strategy and industrial approach at both European and global levels," the company said.

ArcelorMittal designs and manufactures highly advanced steels in France. France has become the group''s leading production centre for steel used in the automotive sector as well as the leading production centre for steel for the energy sector.

The group has invested more than two billion euro since 2006 in the production of high-quality steels in France and continues to make regular investments at all its sites. The company produces 11 million tonnes of liquid steel.




The European steel market has showed signs of improvement with 3 per cent growth in production in the first seven months of current year at a little over 100 million tonnes after a prolonged slump.