ArcelorMittal completes sale of Bosnia operations

Rhea-AI Summary

ArcelorMittal (NYSE: MT) announced on 30 October 2025 that it has completed the sale of its Bosnia and Herzegovina operations, ArcelorMittal Zenica and ArcelorMittal Prijedor, to H&P d.o.o. Zvornik, part of the Pavgord Group.

The transaction follows a sale and purchase agreement signed earlier in June 2025 and transfers ownership of the seller's steel and mining assets in Bosnia to the buyer.

Positive

• Completed sale of ArcelorMittal Zenica and Prijedor to H&P d.o.o. Zvornik
• Transaction finalizes previously announced June 2025 sale agreement

Negative

• Company no longer owns steel and mining operations in Bosnia and Herzegovina

30 October 2025 16:00 CET

ArcelorMittal today announces it has completed the sale of ArcelorMittal Zenica and ArcelorMittal Prijedor, its steel and mining operations in Bosnia and Herzegovina, to H&P d.o.o. Zvornik, part of the Pavgord Group.

The sale was announced in June this year, following the signing of a sale and purchase agreement. 

Ends 

About ArcelorMittal  
ArcelorMittal is one of the world’s leading integrated steel and mining companies with a presence in 60 countries and primary steelmaking operations in 15 countries. It is the largest steel producer in Europe, among the largest in the Americas, and has a growing presence in Asia through its joint venture AM/NS India. ArcelorMittal sells its products to a diverse range of customers including the automotive, engineering, construction and machinery industries, and in 2024 generated revenues of $62.4 billion, produced 57.9 million metric tonnes of crude steel and 42.4 million tonnes of iron ore. Our purpose is to produce smarter steels for people and planet. Steels made using innovative processes which use less energy, emit significantly less carbon and reduce costs. Steels that are cleaner, stronger and reusable. Steels for the renewable energy infrastructure that will support societies as they transform through this century. With steel at our core, our inventive people and an entrepreneurial culture at heart, we will support the world in making that changeArcelorMittal is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MT), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS).  
 
http://corporate.arcelormittal.com/  

  

Contact information ArcelorMittal Corporate Communications
Paul Weigh
Tel:	+44 20 3214 2419
E-mail	press@arcelormittal.com

FAQ

What did ArcelorMittal (MT) announce on October 30, 2025 regarding Bosnia operations?

ArcelorMittal announced it completed the sale of ArcelorMittal Zenica and ArcelorMittal Prijedor to H&P d.o.o. Zvornik (Pavgord Group).

Who bought ArcelorMittal's Bosnia assets in the October 30, 2025 sale?

H&P d.o.o. Zvornik, part of the Pavgord Group, acquired the Bosnia operations.

When was the sale of ArcelorMittal's Bosnia operations first announced for MT shareholders?

The sale was announced in June 2025 following the signing of a sale and purchase agreement.

Which ArcelorMittal facilities in Bosnia were included in the October 30, 2025 transaction?

The transaction covered ArcelorMittal Zenica and ArcelorMittal Prijedor, the company's steel and mining operations in Bosnia and Herzegovina.

Does the October 30, 2025 announcement include financial terms for MT's Bosnia sale?

No financial terms were disclosed in the October 30, 2025 announcement.