ArcelorMittal (“the company”) has today signed a sale and purchase agreement to sell its operations in Bosnia and Herzegovina. ArcelorMittal Zenica, an integrated steel plant, and ...

The sale consists of ArcelorMittal Zenica, an integrated steel plant, and ArcelorMittal Prijedor, an iron ore mining business. Net of sale proceeds, the company expects to record a non-cash loss ...

In a separate move affecting its European operations, ArcelorMittal has sold ArcelorMittal Zenica, a blast furnace/BOF steel plant, and ArcelorMittal Prijedor, an iron ore mining business that ...

Estimated to cost $1.2bn, the plant will focus on producing premium non-grain-oriented electrical steel (NOES), which is essential for manufacturing larger vehicles such as full-size pickups and SUVs.

Reuters. FILE PHOTO: A logo of ArcelorMittal steel group is seen at the company's site in Basse-Indre near Nantes, France, November 26, 2024. REUTERS/Stephane Mahe/File Photo ...

ArcelorMittal Zenica, an integrated steel plant, and ArcelorMittal Prijedor, an iron ore mining business which supplies the Zenica plant, will be sold to Pavgord Group. The company has made ...

The plant will focus on producing premium non-grain-oriented electrical steel. Credit: ArcelorMittal. Steelmaker ArcelorMittal is planning to construct an advanced steel manufacturing facility in ...