Next to them are putti carrying a globe made of copper, a reference to the world-wide activity of business.
After ARBED emerged from World War I in a strong position, having bought some of the steel plants that Gelsenkirchener Hütten A.G. was forced to sell due to the German defeat, it quickly decided to build a new, grand HQ for their central administration.
The French architect René Théry designed the building, and Sosthène Weis oversaw construction.
During the German occupation of Luxembourg during World War II, the Gauleiter Gustav Simon installed his headquarters in a wing of the building.
Though some members of the Chamber of Deputies expressed concern over the fate of the iconic building, suggesting it could house a public cultural institution in future, the government declared on 20 April 2013 it had no intention of purchasing the building, citing the state's financial constraints.