Cookie & Privacy Policy

This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. View the privacy policy to find out more here.
Latest prices

Latest news

26 Feb

ArcelorMittal Zenica reports financial losses amid low demand

ArcelorMittal’s Zenica, Bosnia-based long steelworks reported a net loss of BAM 159 million ($88.2m) last year compared with a net profit of BAM 41m in 2022, the company tells Kallanish. Accumulated losses in 2023 amount to BAM 201m, representing a 45% reduction in the company's capital. According to the steelmaker, shipments were at their lowest level for the last 14 years, due to a 12% year-on-year drop in demand, and a 20% increase in the cost of el…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
Login to read article
– OR –
Signup for a Free Trial
Share article
Twitter X

Take a Free trial

Get daily steel news redirect to your inbox each day,
along with prices.