ArcelorMittal signs deal to sell its steel mill and iron ore mine in Bosnia
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 20 2025
0mins
Source: Reuters
ArcelorMittal's Sale: ArcelorMittal has signed a deal to sell its steel mill and iron ore mine in Bosnia and Herzegovina to Pavgord Group, with the transaction expected to be finalized by the third quarter of 2025.
Financial Impact: The sale is anticipated to result in an accounting loss of $0.2 billion for ArcelorMittal, which has faced significant losses due to declining steel demand in Europe over the past two years.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
