ArcelorMittal will halt production at its Bosnian mines, with "far-reaching consequences" for employees and earnings at its ArcelorMittal Prijedor unit, after a transportation deal with a regional railway company collapsed, it said on Friday.
The world’s largest steelmaker operates a steel plant in the central Bosnian town of Zenica which processes iron-ore from its Omarska mines in Prijedor in the north of the country.