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ArcelorMittal is selling its plants in Zenica and Prijedor, Bosnia and Herzegovina, to local investor Pavgord Group, recording losses of about $200 million.
ArcelorMittal signed an agreement to sell its Bosnian operations, including ArcelorMittal Zenica steel plant and ArcelorMittal Prijedor iron ore mine, to Pavgord Group, with the deal expected to close in Q3 2025.