ArcelorMittal will postpone the redundancy of 300 out of 800 workers at its iron ore mines in Bosnia while seeking to resolve outstanding issues with a regional government there, the company said on Friday.
The world’s largest steelmaker, whose plant in the central town of Zenica processes iron-ore from its Omarska mines in Prijedor, said in May it planned to cut output by a third to one-million tonnes and cut jobs from September 1 to prolong the life of the mines.