ArcelorMittal completes sale of Bosnia operations

Core Points - ArcelorMittal has completed the sale of its steel and mining operations in Bosnia and Herzegovina, specifically ArcelorMittal Zenica and ArcelorMittal Prijedor, to H&P d.o.o. Zvornik, part of the Pavgord Group [1] - The sale was initially announced in June 2025 following the signing of a sale and purchase agreement [1] Company Overview - ArcelorMittal is one of the world's leading integrated steel and mining companies, operating in 60 countries with primary steelmaking operations in 15 countries [2] - It is the largest steel producer in Europe and among the largest in the Americas, with a growing presence in Asia through its joint venture AM/NS India [2] - In 2024, ArcelorMittal generated revenues of $62.4 billion, produced 57.9 million metric tonnes of crude steel, and 42.4 million tonnes of iron ore [2] - The company's purpose is to produce smarter steels that are cleaner, stronger, reusable, and made using innovative processes that reduce energy consumption and carbon emissions [2]