ArcelorMittal to sell Bosnia steel mill that had set a record for wire rod production

ArcelorMittal will divest its Bosnia-Herzegovina assets—including the Zenica steelworks, a leading Balkan wire rod producer—to Pavgord Group. Amid market headwinds and recent losses, the sale retains 2,700 jobs and transfers facilities with nearly 1 million tons in annual capacity, reinforcing regional continuity in long product supply.